US equity indices (S&P 500, Nasdaq, Dow) rose over 1% to highs on optimism over a US‑Iran deal and falling oil prices.
AMD shares jumped 16% after beating earnings and forecasting strong data‑center revenue, lifting broader chip stocks including Arm and Lam Research.
Oil prices fell sharply, Brent down 7.2% to $101.94 and WTI down 6.8% to $95.31, easing inflation concerns.
Analysts warned market optimism stems from liquidity and sentiment rather than resolved geopolitical risks, maintaining a cautious stance.