US equities rose sharply, with the S&P 500 up 0.9% to 7,420, Nasdaq up 1.3% to 26,197, and Dow up 1.2% to 49,964.
Nvidia’s pre‑earnings rally lifted the AI sector, shares gaining about 1% as its market cap exceeds $5 trillion.
Treasury yields fell, 10‑year at 4.57% and 30‑year at 5.12%, while Fed minutes signaled possible future rate hikes.
Trump announced the US is in “final stages” of Iran talks, prompting oil price declines; Target fell 6% despite earnings beat.