SpaceX and its banks closed the largest-ever IPO last week without a hitch, delivering a rare splash in a market that has been quiet on big offerings. The successful float sparked a brief rally in tech‑heavy indices, as traders cheered the validation of private‑sector valuations. With the debut now behind them, investors are scanning the next catalysts, including several sovereign investors.

Wall Street’s gaze now turns to regional diplomatic talks in Tehran, where progress on the Iran deal could lift sanctions on energy exports and reshape commodity flows significantly. At the same time, Federal Reserve minutes hint at a cautious stance on rate cuts, keeping bond yields elevated. Together, these themes set the tone for equity risk appetite this week.

The market shift means growth stocks may cede ground to value names that benefit from higher yields, while oil‑related shares could see a modest bump if sanctions ease. Traders will watch any forward guidance from the Fed and diplomatic statements for clues. In the near term, short‑term volatility is likely to rise significantly as investors reprice these competing narratives today.