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Nasdaq 100 Rallies Over 2% On Iran-Israel Ceasefire: Stock Market Today

Benzinga·
Nasdaq 100 Rallies Over 2% On Iran-Israel Ceasefire: Stock Market Today

U.S. stocks rebounded strongly on Monday following signs of de-escalation in the Middle East and a halt to semiconductor selloffs. The Nasdaq 100 led gains with a 2.1% jump, driven by a sharp recovery in chip stocks. The S&P 500 rose 0.8% while the Dow edged up 0.2%. Crude oil and Treasury yields eased as geopolitical tensions cooled, though rate-hike concerns persist following Friday's strong jobs report.

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