S&P 500 climbs 0.8% as Brent crude slips 2.2% to $76.30 amid easing market jitters
AI Market Summary
Risk sentiment stabilized after Trump suggested the latest U.S.-Iran escalation is unlikely to become long-term, easing immediate fears of a Strait of Hormuz disruption. Brent crude fell 2.2% as the market priced out near-term supply shock risk, while equities rebounded alongside lower Treasury yields. AI-linked semiconductors provided additional support, with Micron citing surging AI memory demand, helping offset lingering geopolitical uncertainty.
Impact level
● Medium
Affected assets
NCCO1OILBRENT2USD/USDT-2.54%
AI Insight · NCCO1OILBRENT2USD/USDTAI Insight
● Neutral
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After tensions between the United States and Iran escalated, President Trump said the latest exchanges would not lead to “long-term” military action, helping to lift risk sentiment. Brent crude fell 2.2% to $76.30 a barrel, while the average U.S. price of regular gasoline rose 5 cents overnight to $3.85 a gallon, according to AAA. U.S. stocks rebounded, with the S&P 500 up 0.8%, the Dow up 0.3% and the Nasdaq up 1.3%.
