Market News

Overnight Developments U.S.-Iran Peace Deal Ends War, Strait of Hormuz to Reopen — CNBC / Bloomberg The United States and Iran announced a tentative peace deal to end armed conflict, with the strategically critical Strait of Hormuz set to reopen. The de-escalation removes a major tail risk that had been pricing into markets and eases energy supply fears. Brent crude tumbled toward three-month lows (~$83/bbl), and global equities staged a broad relief rally — Japan’s Nikkei surged nearly 5% overnight. ...

Market Snapshot Index Close Change % Change S&P 500 7,554.29 +122.83 +1.65% NASDAQ 26,683.94 +795.10 +3.07% DOW 51,671.03 +468.77 +0.92% Russell 2000 2,965.09 +21.09 +0.72% VIX 16.20 -1.49 -8.42% Risk-on day with a tech-led rally: the NASDAQ jumped over 3% while the VIX collapsed 8% back to the mid-teens. Breadth favored AI infrastructure and speculative growth over defensives — the Dow lagged the NASDAQ by more than two full points. ...

Overnight Developments U.S.-Iran Peace Deal Breakthrough — TheStreet President Trump canceled planned strikes on Iran and announced a peace deal — expected to be finalized as soon as Sunday — that would end the conflict and reopen the Strait of Hormuz. The framework reportedly pairs a U.S. commitment to lift oil sanctions with Iran’s pledge to reopen the trade route within 30 days. The de-escalation triggered a global risk-on rally across Asia and Europe overnight. Affected sectors: Energy, Transportation, Aerospace, Global Trade ...

Market Snapshot Index Close Change % Change S&P 500 7,431.46 +37.16 +0.50% NASDAQ 25,888.84 +79.18 +0.31% DOW 51,202.26 +353.51 +0.70% Russell 2000 2,943.99 +22.96 +0.79% VIX 17.68 -1.77 -9.10% A broadly green session with risk appetite returning: the Dow led the majors, small caps outperformed, and the VIX collapsed more than 9% to 17.68 as easing US–Iran tensions pulled oil lower. Breaking News & Macro Events SpaceX IPO soars ~19% in market debut — CNBC SpaceX debuted on the Nasdaq under ticker SPCX, jumping roughly 19% from its IPO price. The blockbuster listing reshuffled the entire space-launch trade and hammered incumbents — Rocket Lab (RKLB) fell nearly 16% on the day as capital rotated toward the new entrant. ...

Overnight Developments U.S. Strikes Iran; Tehran Declares Strait of Hormuz Closed — Arab News / CNBC The U.S. military launched strikes on multiple Iranian targets — reportedly firing 49 Tomahawk missiles — after President Trump vowed to respond to the downing of a U.S. Apache helicopter. In response, Iran’s joint military command declared the Strait of Hormuz closed to oil tankers and commercial shipping, warning any vessel attempting passage would be fired on. The IEA has characterized the resulting disruption as the largest in the history of the global oil market. Brent crude is hovering near $92/barrel; oil pared some gains in early Thursday trade as traders weighed supply-disruption risk against headline fatigue. Affected sectors: Energy, Defense, Airlines, Transports, Materials ...

Market Snapshot Index Close Change % Change S&P 500 7,394.30 +127.31 +1.75% NASDAQ 25,809.66 +640.16 +2.54% DOW 50,848.75 +929.97 +1.86% Russell 2000 2,921.03 +85.57 +3.02% VIX 19.44 -2.78 -12.51% A broad, breadth-driven risk-on session: small caps (Russell +3.0%) outpaced large caps, the VIX collapsed below 20, and semiconductors led the charge. Breaking News & Macro Events Intel double-upgraded, chip complex rips higher — CNBC Bank of America issued a double upgrade to Buy on Intel, citing improved foundry visibility, and reports of an Alphabet AI-chip manufacturing deal sent INTC up over 11%. The move rippled across the semiconductor complex (TSM +3.4%, NVDA +2.9%, SMCI +11.3%), reinforcing AI-infrastructure as the market’s leadership group. ...

Overnight Developments U.S. Launches Strikes on Iran After Apache Downed in Strait of Hormuz — CNBC / Bloomberg CENTCOM began “self-defense strikes” against Iranian air defense, ground control, and radar sites near the Strait of Hormuz at 5 p.m. ET Tuesday, in response to the downing of a U.S. Army Apache helicopter. Iran retaliated overnight against U.S. bases — Jordan said it intercepted five Iranian missiles, while Bahrain and Kuwait activated air defenses against “hostile aerial targets.” With Iran restricting tanker traffic through Hormuz — a chokepoint for ~25% of seaborne oil — WTI crude pushed toward $89/bbl and global equities sold off. Affected sectors: Energy, Defense, Transportation/Logistics, Financials ...

Market Snapshot Index Close Change % Change S&P 500 7,266.99 -119.66 -1.62% NASDAQ 25,169.50 -509.32 -1.98% DOW 49,918.78 -953.33 -1.87% Russell 2000 2,835.46 -31.56 -1.10% VIX 22.22 +2.35 +11.83% A broad, high-volume risk-off session. Losses were led by mega-cap tech and AI-infrastructure names, with the VIX jumping nearly 12% to 22.2 — its highest reading in weeks. Notably, gold fell 2.7% alongside equities while Treasury yields and the dollar firmed, a cross-asset signature pointing to a repricing of rate expectations rather than a flight-to-safety event. ...

Market Snapshot Index Close Change % Change S&P 500 7,386.65 -19.08 -0.26% NASDAQ 25,678.82 -250.84 -0.97% DOW 50,872.11 +86.10 +0.17% Russell 2000 2,867.02 +11.60 +0.41% VIX 19.87 +0.95 +5.02% A quiet split-tape day on the surface masked a clear rotation underneath: the tech-heavy NASDAQ slid nearly 1% while the DOW and small-cap Russell 2000 finished green. The VIX jumped 5% — a tell that investors are buying protection ahead of tomorrow’s inflation print. ...

Market Snapshot Index Close Change % Change S&P 500 7,405.73 +21.99 +0.30% NASDAQ 25,929.66 +220.23 +0.86% DOW 50,786.01 -80.77 -0.16% Russell 2000 2,855.42 +21.92 +0.77% VIX 18.92 -2.65 -12.29% Breaking News & Macro Events Iran Halts Military Operations Against Israel; Trump Signals Deal Progress — TheStreet Iran announced an end to military strikes against Israel over the weekend, and the administration signaled optimism on a broader deal. The de-escalation drove a risk-on rebound — the VIX collapsed more than 12% — and lit a fire under beaten-down chip names. It’s the clearest reason the tape was green today. ...