US equity indices surged, Dow up 2.9% to 47,910.79, its best day in a year.
S&P 500 rose 2.5% to 6,783.48 and Nasdaq climbed 2.8% to 22,635 amid ceasefire hopes.
Oil prices tumbled over 12%, Brent at $96.19 and WTI at $95.97, easing energy‑inflation concerns.
Travel stocks surged (Carnival +11.2%); energy stocks fell (APA -9.8%, LYB -7.5%) reflecting oil move.