Trump-Iran Ceasefire Sparks 2.7% S&P Futures Surge

U.S. stock index futures jumped 2.7% for S&P 500, 3.5% for Nasdaq 100, and 2.6% for Dow after Trump‑Iran two‑week ceasefire agreement.
Oil prices fell over 15% and U.S. Treasury yields dropped, easing inflation concerns and reviving hopes of Fed rate cuts.
Chipmakers rallied, with Intel up 4.2%, Nvidia 0.3%, Broadcom gaining after AI chip deal expansion with Google and Anthropic.
Iran foreign minister Abbas Araghchi pledged a defensive cease, while UAE and Kuwait reported drone interceptions, showing lingering tensions.