{"id":60399,"date":"2026-03-31T20:38:24","date_gmt":"2026-04-01T00:38:24","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/global-markets-surge-on-iran-peace-hopes-spacex-ipo-plans-emerge\/60399\/"},"modified":"2026-03-31T20:38:24","modified_gmt":"2026-04-01T00:38:24","slug":"global-markets-surge-on-iran-peace-hopes-spacex-ipo-plans-emerge","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-surge-on-iran-peace-hopes-spacex-ipo-plans-emerge\/60399\/","title":{"rendered":"Global Markets Surge on Iran Peace Hopes; SpaceX IPO Plans Emerge"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Global equity markets soared as President Trump suggested the Iran conflict could end within 2 to 3 weeks<\/strong>, triggering a <strong>4.5%<\/strong> jump in the <strong>KOSPI<\/strong> and a <strong>3.6%<\/strong> rally in the <strong>Nikkei 225<\/strong>.<\/li>\n<li><strong>SpaceX is reportedly lining up a massive syndicate of 21 banks<\/strong> to manage its highly anticipated initial public offering (IPO), signaling one of the largest market debuts in history.<\/li>\n<li><strong>The Korea Exchange activated a &quot;sidecar&quot; trading halt<\/strong> after <strong>KOSPI 200<\/strong> futures surged <strong>5%<\/strong>, as risk sentiment shifted violently toward a &quot;peace trade.&quot;<\/li>\n<li><strong>Japan\u2019s Q1 Tankan survey showed a manufacturing beat at 17<\/strong>, though large industry capital expenditure (capex) fell significantly short of expectations at <strong>3.3%<\/strong>.<\/li>\n<li><strong>Google (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>) is developing a screenless Fitbit band<\/strong> aimed at the high-end fitness tracking market, with a planned launch for later this year.<\/li>\n<\/ul>\n<h2>Geopolitical Optimism Ignites Global &quot;Peace Trade&quot;<\/h2>\n<p>Equity markets across the Asia-Pacific and Europe regions experienced a massive relief rally following encouraging comments from both Washington and Tehran regarding the Iran conflict. <strong>President Trump<\/strong> signaled that the war could conclude in as little as <strong>2 to 3 weeks<\/strong>, with a national address scheduled for Wednesday to provide a formal update. The news sent the <strong>Nikkei 225<\/strong> up <strong>3.6%<\/strong> and the <strong>ASX 200<\/strong> up <strong>1.8%<\/strong>, while European futures for the <strong>EURO STOXX 50<\/strong> and <strong>DAX<\/strong> climbed <strong>1.9%<\/strong> in early signaling.<\/p>\n<p>The surge in South Korea was particularly intense, forcing the <strong>Korea Exchange<\/strong> to activate a &quot;sidecar&quot; mechanism to halt program trading for five minutes after <strong>KOSPI 200<\/strong> futures jumped <strong>5%<\/strong>. <em>Investors are pivoting rapidly out of defensive positions<\/em>, as evidenced by a technical recovery in <strong>Oil Futures<\/strong> and a rise in <strong>10-year JGB futures<\/strong> by <strong>0.3 points<\/strong>.<\/p>\n<h2>SpaceX IPO and Big Tech Developments<\/h2>\n<p>In a landmark move for the capital markets, sources indicate that <strong>SpaceX<\/strong> has begun assembling a syndicate of <strong>21 banks<\/strong> to manage its upcoming IPO. This broad group of underwriters suggests the scale of the offering could rival the largest in history, as the company seeks to capitalize on its dominant position in satellite deployment and reusable rocket technology.<\/p>\n<p>Meanwhile, Alphabet Inc.&#39;s <strong>Google (<a href=\"\/stock\/GOOGL%5D\">GOOGL<\/a><\/strong> is reportedly pivoting its wearable strategy with the development of a screenless <strong>Fitbit<\/strong> band. The device, expected to launch later this year, is seen as a direct competitor to minimalist trackers like Whoop, focusing on <em>AI-driven health coaching and long-form data collection<\/em> rather than active screen interaction.<\/p>\n<h2>Mixed Economic Signals in Japan and Europe<\/h2>\n<p>Japan\u2019s <strong>Q1 Tankan<\/strong> survey provided a complex view of the world\u2019s third-largest economy. While the <strong>Large Manufacturers Index<\/strong> rose to <strong>17<\/strong>, beating the <strong>16<\/strong> estimate, <strong>Large All Industry Capex<\/strong> disappointed at <strong>3.3%<\/strong>, far below the projected <strong>13%<\/strong>. <em>The data suggests that while current sentiment is robust, corporations remain cautious about long-term domestic investment<\/em> amid global volatility.<\/p>\n<p>In Europe, manufacturing health showed signs of improvement as the <strong>Ireland S&amp;P Global Manufacturing PMI<\/strong> (<a href=\"\/stock\/SPGI\">SPGI<\/a>) rose to <strong>53.7<\/strong> in March. Additionally, the French automotive sector showed resilience, with <strong>new car registrations<\/strong> jumping <strong>12.86%<\/strong> year-over-year to over <strong>173,000<\/strong> vehicles, according to the <strong>PFA<\/strong>.<\/p>\n<h2>Strategic Diplomacy: South Korea and Indonesia<\/h2>\n<p>On the diplomatic front, <strong>South Korea<\/strong> and <strong>Indonesia<\/strong> have agreed to upgrade their bilateral relationship to a <strong>&quot;Special Comprehensive Strategic Partnership.&quot;<\/strong> The Blue House announced that the two nations will deepen cooperation across critical sectors including <strong>AI, nuclear power, defense, and the energy transition<\/strong>. This move is expected to secure supply chains and foster joint investment in high-tech manufacturing across Southeast Asia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Global equity markets soared as President Trump suggested the Iran conflict could end within 2 to 3 weeks, 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