A possible Iran ceasefire deal next week could push down interest rates, which would be good news for beaten-down stocks — while SpaceX's hyped market debut looks like a short-term pop that may fade.

• SpaceX starts trading and is expected to jump 30% or more, but the bullishness may only last about a month before turning bearish.
• Next week's G7 meeting (June 15-17) could see Trump sign a ceasefire extension with Iran, easing tensions.
• A deal could reopen the Strait of Hormuz shipping lane, which would help cap interest rates and lift rate-sensitive stocks.
• The catch: the deal does nothing about Iran's nuclear program, which is seen as a delay tactic while Iran quietly works toward a bomb.
• SpaceX is listing with a tiny share float (4.2%), so prices could pop now but face selling pressure later as more shares unlock.

Outlook: Watch June 15-17 for a possible Iran ceasefire that could spark a short-term bounce in rate-sensitive stocks, while SpaceX likely peaks within weeks then weakens.