US S&P 500, Nasdaq, and Dow futures surged 2.4‑2.5% after Trump announced a two‑week postponement of Iran strikes.
Oil prices fell more than 15% as the ceasefire hopes lowered expectations of conflict‑driven supply disruptions.
Chip stocks rallied, with Intel up 4.2%, Nvidia 0.3%, and Broadcom gaining after expanding AI chip deal with Google and Anthropic.
S&P 500 closed 0.1% higher at 6,616.84, Nasdaq 0.1% at 22,017.85, while Dow slipped 0.2% to 46,584.46.