US stock index futures jumped 2.6‑3.4% after Trump announced a two‑week cease‑fire with Iran, easing war concerns.
Oil prices fell over 15%, bond yields dropped, reviving expectations of a Fed rate cut later this year.
Semiconductor stocks rallied, with Intel up 4.2%, Nvidia 0.3%, Broadcom gaining after AI chip deal with Google and Anthropic.
Wolfe Research strategist Chris Senyek expects momentum, leverage and short‑interest stocks to outperform, while gold and silver may rebound.