SpaceX jumps 9.7% as Nasdaq and Dow futures rise ahead of Kevin Warsh’s first Fed rate decision

Nasdaq and Dow futures climbed as investors turned their attention to new Federal Reserve Chair Kevin Warsh’s first interest-rate decision. SpaceX shares surged 9.7%, with the stock discussed as potentially overtaking Amazon by market value. A possible U.S.-Iran peace deal helped ease concerns around oil prices, though its near-term impact remained uncertain. The Bank of Japan’s surprise rate hike added to global liquidity strains.