Wall Street indices rose over 1% as oil prices plunged on renewed U.S.-Iran peace hopes.
S&P 500 up 1.2% to 7,345.22, Nasdaq up 1.5% to 25,703.58, Dow up 1.2% to 49,880.93, all hitting record highs.
AMD shares surged 17% after beating earnings and forecasting strong data‑center revenue, lifting broader chip stocks.
Brent fell 7.6% to $101.55 and WTI 7.3% to $94.80, easing inflation concerns.