Dow Jones hits record high as oil falls below $80
Business
Big day on Wall Street: The Dow Jones hit a new all-time high Tuesday, jumping 306.27 points as oil prices dropped below $80 a barrel.
Investors are feeling more upbeat thanks to hopes for a U.S.-Iran peace deal, which is helping ease inflation worries.
SpaceX overtakes Amazon in market value
Elsewhere, the S&P 500 barely moved and the Nasdaq dipped slightly. Markets are still reacting to energy price swings and global tensions.
Meanwhile, SpaceX made headlines by overtaking Amazon in market value, becoming America's fifth-most valuable company, a huge moment for SpaceX and a sign of how quickly the business world is changing.