Dow Jones gained about 301 points—up 0.63%—to reach 48,218 points after it had fallen earlier to 47,505 points.
The S&P 500, the broader index, also rose 1% (about 69 points) to 6,886 points, while the Nasdaq Composite advanced 1.23% (about 280 points) to 23,183 points.
This performance was driven by investors’ optimism about the possibility of a peace agreement between the United States and Iran, following the stalling of the most recent round of negotiations. Improvements in the technology sector—especially software companies—also boosted trading: Oracle shares jumped 12.69% to $155.62, while Palantir rose 3.37% to $132.37.
In contrast, European market indexes declined. The STOXX Europe 600 fell 0.16% to 613 points, while the FTSE 100, DAX, and CAC 40 dropped by 0.17%, 0.26%, and 0.29%, respectively.
In Asia, Japan’s Nikkei 225 fell 0.74% to 56,502 points, while the broader TOPIX index declined 0.45% to 3,723 points.
As for commodities, June Brent crude futures rose 4.37% to $99.36 per barrel, and US NYMEX crude futures for May climbed 2.60% to $99.08. By contrast, June gold futures fell 0.42% to $4,767.40 per ounce.
______________________________________________________________________________
Check out the latest Stocks and Indices News.
Check out the latest Commodities News.
Check out the latest Cryptocurrency News.
Check out the latest Energy News.
