US stock index futures surged 2-3% after Trump announced a two‑week postponement of planned strikes on Iran, signaling a cease‑fire.
Oil prices fell more than 15% as the cease‑fire hopes reduced geopolitical risk and delayed U.S. military action.
Chip sector rallied, with Broadcom up after expanding AI chip deal with Google and Anthropic; Nvidia rose 0.3% and Intel 4.2%.
Major indices closed flat to modestly higher: S&P 500 +0.1% at 6,616.84, Nasdaq +0.1% at 22,017.85, Dow -0.2% at 46,584.46.