Market Watch: Fed’s Policy Stance, SpaceX AI Move, and Commodity Shifts Dominate Headlines

Federal Reserve Chair Kevin Warsh presided over his first rate-setting meeting, maintaining status quo on rates while markets scrutinized every word for policy clues. With inflation persistently above target and economic resilience defying expectations, Warsh's communication strategy may set the tone for financial markets through 2026.

SpaceX continues its meteoric trajectory, acquiring AI coding startup Cursor mere days after completing the largest IPO in history. The strategic move signals Elon Musk's ambitions to integrate advanced AI capabilities into space technologies, potentially creating new synergies across his tech empire.

Oil markets remain subdued near three-month lows as diplomatic progress between the US and Iran alleviates supply concerns. Meanwhile, space-related equities like Rocket Lab and AST SpaceMobile maintain their gravitational pull on investor capital, underscoring the sector's growing appeal.