# US stocks rebound and Brent falls as markets calm after Iran tensions

**Published:** 2026-07-09T20:37:25.461Z  
**Topic:** Stock Market  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/398b76ef-5f22-4058-83c8-06bb372216e0

US equities rise 0.8% and Brent crude drops 2.2% to $76.30 amid easing oil worries and AI‑stock gains, signaling a shift in market sentiment.

The S&P 500 jumped 0.8% to 7,543.64 on Thursday, recouping the prior‑day loss as Brent crude slipped 2.2% to $76.30, easing pressure on equities and bonds【1】.  

| At a glance | |
|---|---|
| S&P 500 | 7,543.64 (+0.8%) |
| Dow Jones | 52,487.41 (+0.3%) |
| Brent crude | $76.30 (‑2.2%) |
| 10‑yr Treasury yield | 4.54% (‑0.02 pts) |

## Equity rally driven by AI‑related stocks  
Semiconductor and memory makers lifted the broader market. Micron Technology surged 4.5% after citing “surging demand for memory in the AI era,” while SK Hynix in Seoul rose 5.3% on news of a U.S. share offering【1】. These AI‑focused firms have become key price drivers after earlier volatility, and their gains helped offset the lingering geopolitical risk from fresh U.S. airstrikes on Iran.

## Oil price retreat and bond market response  
Brent’s decline from $78.02 the day before to $76.30 removed a major source of inflation concern, prompting the 10‑year Treasury yield to ease to 4.54% from 4.56%【1】. Analysts warned that a full‑scale war could choke the Strait of Hormuz, but President Trump’s remarks that the latest fighting would not lead to “long‑term” military action reduced immediate supply fears. The lower oil price also halted a week‑long slide in gasoline costs, with AAA reporting a $3.85 average regular‑gas price—up 68 cents year‑over‑year【1】.

## Broader market backdrop  
European and Asian indices mostly rose, with Shanghai up 1.7% and Paris up 0.9%【1】. The market’s calm comes ahead of the earnings season, where major banks will report Q2 results and investors will look for growth to justify recent AI‑driven valuations. Meanwhile, the Federal Reserve remains under pressure to balance inflation‑mitigating rate hikes against the risk of slowing the economy.

## What to watch  
- **U.S. earnings reports**: Bank earnings for the April‑June quarter, due next week, will test the durability of the AI rally.  
- **Fed policy cues**: Any statement on interest‑rate outlook, especially after the upcoming FOMC meeting, could move yields and equities.  
- **Oil‑supply developments**: Updates on the Strait of Hormuz situation or new sanctions on Iran could reignite price volatility.

The rebound shows that, for now, market participants are more concerned with easing oil pressures and AI‑sector momentum than the immediate geopolitical flashpoint, but the next wave of earnings and policy signals will determine whether the calm endures.

## Sources
1. Houston Chronicle — [Stocks recover losses, and oil prices ease as calm returns to financial markets...](https://www.chron.com/news/world/article/asian-stocks-slip-and-oil-prices-jump-as-iran-and-22338419.php)
2. Los Angeles Times — [Stocks rise after oil prices ease and SpaceX soars in its debut on Wall Street](https://www.latimes.com/business/story/2026-06-12/stocks-rise-after-oil-prices-ease-spacex-soars-in-its-debut-on-wall-street)
3. FOX 4 Kansas City — [Calm returns to financial markets worldwide as stocks recover losses and oil...](https://fox4kc.com/business/ap-asian-stocks-slip-and-oil-prices-jump-as-iran-and-us-launch-fresh-attacks/)

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Cite as: TrendWatcher, "US stocks rebound and Brent falls as markets calm after Iran tensions", https://www.trendwatcher.in/article/398b76ef-5f22-4058-83c8-06bb372216e0