NEW YORK (dpa-AFX) – The successful SpaceX IPO and increasing indications of possible peace in the Middle East brought further gains to US stock markets on Friday. However, these were not as brilliant as the day before. At the end of trading, the leading index Dow Jones Industrial was 0.70 percent higher at 51,202.26 points. The market-wide S&P 500 rose by 0.50 percent to 7,431.46 points.
The NASDAQ 100, the technology-heavy selection index that was already particularly strong the day before, rose by a further 0.64 percent to 29,635.95 points with the SpaceX IPO. The once again strong semiconductor stocks also helped. Concerns in the market that investors in the tech sector could massively shift from well-performing stocks to SpaceX initially did not come true./gl/men