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Iran Peace Deal

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business1 hour ago

Markets rally on Iran peace hopes as oil slips and AI rally lifts shares

Stocks jumped on reports that the US and Iran are nearing a peace deal, sending U.S. indices to fresh highs while Brent crude slid toward $100 as oil prices fell; the rally was aided by AI optimism, lifting semis such as AMD, Intel, ARM and Qualcomm, with Asia-Pac gains led by Samsung and broad EU and global indices also rising as the dollar weakened on the news.

Markets rally on Iran peace hopes and upbeat tech earnings
business2 hours ago

Markets rally on Iran peace hopes and upbeat tech earnings

Stocks rose on Wednesday as optimism about a possible US–Iran peace deal and a robust tech earnings season boosted sentiment. The Dow climbed about 1%, the S&P 500 and Nasdaq gained, and oil slid on news of potential progress. AMD and Super Micro Computer led a wave of advances after strong guidance, Disney beat on earnings, and the broader market benefited from a high rate of positive earnings surprises (roughly 85% of S&P 500 results). ADP data showed private payrolls rising, signaling labor-market resilience, while all top-level sectors were expected to show year‑over‑year earnings growth for the first time in years.