# US stocks rise on Iran peace hopes, tech earnings lift Nasdaq

**Published:** 2026-05-06T14:52:16.000Z  
**Topic:** Stock Market  
**Sentiment:** bullish  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/61156b2d-6f9c-4f27-b6d4-c21c15665612

US S&P 500 futures up 0.6% and Nasdaq futures 0.7% on June 12 as Iran peace talks lift sentiment and chip stocks rebound, while oil falls to two‑month lows.

The S&P 500 futures jumped 0.6% and Nasdaq‑100 futures rose 0.7% on June 12, spurred by fresh optimism that a U.S.–Iran peace memorandum could be signed as early as Sunday, while crude oil slid to its lowest level in two months【1】.  

| At a glance | |
|---|---|
| S&P 500 futures | +0.6% |
| Nasdaq‑100 futures | +0.7% |
| Dow Jones futures | +0.7% |
| Brent crude | $87.25 / bbl (‑3.46%) |

## Peace talks lift sentiment, oil retreats  
President Donald Trump’s announcement that he had called off planned strikes on Iran, coupled with a Reuters‑cited Western source that a cease‑fire memorandum could be signed in Geneva within days, revived market mood after a week of fragile sentiment【1】. The same day, Brent crude fell $3.13 (‑3.46%) to $87.25 per barrel, erasing most of its recent gains and marking the lowest price since mid‑April【1】. The price drop reflected expectations that a deal would reopen the Strait of Hormuz, which currently handles about 20% of global oil shipments and has been largely shut since February【1】.

## Tech earnings and SpaceX IPO add fuel  
Chip stocks rebounded sharply, helping the Nasdaq‑100 futures to climb, while pre‑market trading saw space‑related names such as Rocket Lab (+4%) and EchoStar (+6%) surge ahead of SpaceX’s IPO at a fixed $135 price, implying a $1.77 trillion valuation【1】. The same optimism contrasted with the previous session’s 2.5% gains across all three major indices, which were driven by the same semiconductor rally【1】.

## Mixed equity reaction on June 16  
Two days later, the Dow Jones Industrial Average posted a 0.67% gain to close at 52,016.57, marking a second straight record close, while the S&P 500 and Nasdaq slipped 0.55% and 1.15% respectively, as investors took profits after Monday’s sharp rally and awaited the Federal Reserve’s policy decision【2】. The Dow’s rise came despite a modest 5.8% fall in U.S. oil futures, which had been buoyed by details of a tentative U.S.–Iran interim deal that could extend the April cease‑fire by another 60 days【2】.  

## What to watch  
- Federal Reserve policy meeting on Wednesday; markets expect rates to stay in the 3.50%‑3.75% range but will watch for any hint of a hike.  
- Confirmation of a U.S.–Iran memorandum, likely in Geneva later this week, which could further ease oil prices and revive risk‑on sentiment.  
- Upcoming earnings from major chip makers; a continued rebound could sustain Nasdaq momentum.  

The juxtaposition of peace‑deal optimism, a steep oil retreat, and volatile tech earnings underscores how quickly market narratives can shift, leaving investors to gauge whether the current rally is a brief bounce or the start of a broader recovery.

## Sources
1. Livemint — [US stock market today: S&P 500, Nasdaq futures rise as US-Iran peace hopes grow; oil sinks to 2-month low | Stock Market News](https://www.livemint.com/market/stock-market-news/us-stock-market-today-s-p-500-nasdaq-futures-rise-as-us-iran-peace-hopes-grow-oil-sinks-to-2-month-low-11781263045798.html)
2. USA TODAY — [Nasdaq, S&P 500 slip while Dow hits record high](https://www.usatoday.com/story/business/2026/06/16/dow-hits-a-record-high-on-wall-street-as-spacex-takes-off-oil-slips/90570943007/)
3. CNBC — [Dow rises to record as oil ticks higher, traders await Fed rate decision: Live updates](https://www.cnbc.com/2026/06/16/stock-market-today-live-updates.html)

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Cite as: TrendWatcher, "US stocks rise on Iran peace hopes, tech earnings lift Nasdaq", https://www.trendwatcher.in/article/61156b2d-6f9c-4f27-b6d4-c21c15665612