MERCADOS: Adiós al miedo bélico, SpaceX vuela un 50% y la Fed a la espera de Warsh

MARKETS: Goodbye to War Fears, SpaceX Sees 50% Increase, and the Fed Awaits Warsh Hope has officially triumphed over worries in Wall Street trading rooms. Following confirmation that war between the United States and Iran has been averted, market participants are asking the big question: what now? For the moment, the immediate answer is that risk-taking continues with complete confidence. The definitive proof of this optimism is the semiconductor index, which, barely a week after suffering its worst day in six years, has completely reversed course, reaching new all-time highs. Geopolitical tensions are easing considerably, and investor confidence is improving in Europe, bolstered by positive data from the ZEW index in Germany. In this less hostile environment, analysts are studying whether the resolution of the conflict could act as the definitive catalyst for a sectoral and geographical rotation in favor of the segments and regions that had been hardest hit. The main driver of corporate euphoria has a name. SpaceX shares continue their explosive surge for the third consecutive day following their spectacular Nasdaq debut last Friday. Since going public, Elon Musk's company's stock price is on track to accumulate a 50% increase, injecting tremendous enthusiasm into the market. This movement has reopened the technical debate about whether current Initial Public Offerings (IPOs) should be understood as systemic liquidity events or simply as valuation milestones for specific companies. Meanwhile, strategic transactions continue: Yum Brands has shaken up the consumer sector by confirming the sale of Pizza Hut for a total of $2.7 billion. On the Spanish stock exchange, Indra, BBVA, and Acciona emerged as the top performers on the Ibex 35, while Telefónica and Acciona Energía were the worst performers of the day, penalized by dividend cuts. Despite the recent rally, US index futures opened with little change, reflecting a cautious short-term outlook. Investors are closely monitoring two sources of uncertainty. First, the commodities market is seeing oil prices continue their downward trend, amid open disagreements with US allies regarding the feasibility of reopening the Strait of Hormuz. Second, prudence prevails as the Federal Reserve's two-day monetary policy meeting gets underway. This is a key meeting, being the first held under the newly appointed chairman, Kevin Warsh. Traders are opting to freeze positions and remain cautious, awaiting the new central bank leader's initial moves, while the market watches the performance of key stocks such as Domo, Edgewise, Huntsman, and Robinhood. #markets #risk #war #spacex #nasdaq #fed #kevinwarsh #interestrates #useconomy #wallstreet #usa #intereconomia