US Stocks Rise as Oil Falls; Telecoms Impacted by SpaceX Deal
US stock markets opened higher as oil prices declined, easing concerns about Middle Eastern supply disruptions. The Dow Jones, S&P 500, and Nasdaq all rose at the open. However, the telecom sector faced challenges after SpaceX's spectrum acquisition, causing competitive tensions among telecom companies and reflecting mixed market reactions to sector-specific developments.
ET Markets·



