JUST IN: Markets roared back after President Trump said the U.S. and Iran have agreed to halt strikes and return to talks.
The Nasdaq 100 surged 2.3% at the close as investors reacted to signs that tensions around the Strait of Hormuz could finally begin to cool.
After days of fear, oil shocks, and heavy pressure on tech stocks, Wall Street saw a powerful relief rally. Big tech led the move as traders rushed back into risk assets.
But this is not a final peace deal yet. Talks are expected to continue, and markets will be watching every update closely.
For now, one message is clear: even a small step away from conflict can move billions in minutes.
The Nasdaq 100 surged 2.3% at the close as investors reacted to signs that tensions around the Strait of Hormuz could finally begin to cool.
After days of fear, oil shocks, and heavy pressure on tech stocks, Wall Street saw a powerful relief rally. Big tech led the move as traders rushed back into risk assets.
But this is not a final peace deal yet. Talks are expected to continue, and markets will be watching every update closely.
For now, one message is clear: even a small step away from conflict can move billions in minutes.