Global financial markets opened the week on a strong note as U.S. stock futures surged after President Donald Trump announced that a peace agreement had been reached to end the conflict between the United States and Iran. The development immediately boosted investor confidence, triggering a broad risk-on rally across equities and commodities.
Futures tied to major U.S. benchmarks climbed sharply, with the Dow Jones Industrial Average rising 0.8%, the S&P 500 up 1.2%, and the Nasdaq 100 jumping 2%, signaling renewed appetite for technology and growth stocks ahead of a holiday-shortened trading week.
The positive momentum extended globally. In Asia, Japan’s Nikkei 225 surged to a record intraday high, while South Korea’s KOSPI and Hong Kong’s Hang Seng Index also posted gains. European markets followed suit, with the STOXX 600 edging higher as investors reacted to easing geopolitical tensions.
Oil markets moved in the opposite direction, sliding after reports that the strategic Strait of Hormuz passageway would be reopened. The announcement triggered a sharp 5% drop in crude prices, easing inflation fears and adding further support to equities as global supply risks temporarily cooled.
Investors are now turning their attention to upcoming U.S. economic data, including housing and retail sales figures, as well as the upcoming policy meeting of the Federal Reserve. Markets are widely pricing in no immediate interest rate changes, while continued excitement around innovation stocks—especially after SpaceX’s blockbuster market debut—adds further fuel to the bullish sentiment.
source: cnbc
