Markets want to believe Trump on peace
The S&P/ASX 200 jumped 2.07% for the week to 8,804 — the best one-day gain since April — on Trump peace-deal hopes and signs the RBA may have stopped rate rises. US markets were mixed with the NASDAQ off 0.30% and the S&P 500 down 0.04% on the week, despite Friday gains driven by SpaceX's blockbuster IPO debut.