Asian stocks rallied on hopes of a Middle East peace deal, tempering inflation fears as oil prices fell to two-month lows. The market also anticipated Elon Musk's SpaceX IPO, which set a record $75 billion. President Trump indicated a potential peace deal signing soon, boosting market sentiment.

(Bloomberg) -- Asian stocks rebounded from their biggest drop since March as tensions in the Middle East eased and a selloff in artificial intelligence shares abated.

Asian stocks enjoyed a partial rebound from the previous day's rout as investors returned to the AI trade, while easing Middle East tensions also provided support and pushed oil…

Wall Street surged Thursday as President Trump called off Iran strikes, easing oil prices and boosting stocks. Investors anticipate SpaceX's record-breaking IPO today, with…