The NASDAQ 100 closed 2.3% higher following President Trump’s announcement that the United States and Iran agreed to halt military strikes and restart diplomatic negotiations.
The development signals a potential de-escalation in the 2026 Iran War. Market optimism reflects increased confidence in a permanent peace agreement.
A formal signing ceremony, which aims to solidify the ceasefire and potentially reopen the Strait of Hormuz, is scheduled for Friday in Switzerland. Market participants will continue to focus on statements from President Trump and Iranian Foreign Minister Javad Zarif.