US stock futures surged 2.6‑3.5% after Trump announced a two‑week Iran ceasefire, with S&P 500 up 179 points, Nasdaq 842, Dow 1,213.
Crude oil prices plunged over 15% while gold rose 1.79% and silver 5.35% amid de‑escalation hopes.
Chip stocks rallied; Intel +4.2%, Nvidia +0.26%, Broadcom surged after expanding AI chip deal with Google and Anthropic.
Wolfe Research expects momentum, leverage, short‑sell rebound and recommends TMT, AI‑linked Industrials and discretionary names tied to lower gas prices.