Arabic version: ارتفاع الأسهم الأمريكية بعد إعلان اتفاق الولايات المتحدة وإيران
US stock markets experienced a significant rally on Monday, driven by optimism surrounding a tentative agreement aimed at resolving the US-Israel war on Iran. This deal is anticipated to restore stability to energy supply chains that have faced severe disruptions in the Strait of Hormuz. The S&P 500 index rose 1.7 percent on Monday, inching closer to its all-time high, while the tech-heavy Nasdaq Composite soared 3.1 percent, bolstered by a remarkable 19.6 percent increase in SpaceX’s stock following its historic market debut.
The blue-chip Dow Jones Industrial Average also saw gains, climbing 0.9 percent to achieve a record closing high. Meanwhile, Brent crude futures, a key indicator of global oil prices, fell nearly 5 percent to just above $83 per barrel, marking the lowest price since the first week of the conflict. These developments reflect a market increasingly buoyed by hopes for an end to the energy chaos.
Asian stock markets, however, displayed mixed results on Monday morning. Japan’s Nikkei 225 dipped slightly by 0.01 percent, while South Korea’s Kospi experienced a minor decrease of 0.06 percent. In contrast, Taiwan’s TAIEX rose by 0.2 percent and Hong Kong’s Hang Seng Index saw a slight decline of 0.07 percent.
According to Al Jazeera, Jay Goldberg, a senior analyst at Seaport Research Partners, noted that the announcement of the US-Iran deal has shifted the risk perception among investors, encouraging them to engage more actively in the market. He stated, “To oversimplify, the debate has been: AI spending is strong, but there’s a war going on. The war is over, it seems, so that side of the argument falls away. Investors are now feeling better about taking on more risk.”
While the agreement between Washington and Tehran has sparked optimism for a return to stability in global energy markets, experts caution that it may take several months for energy flows to normalize fully. The International Shipping Chamber reports that around 500 ships are currently waiting to navigate through the Strait of Hormuz, a crucial passage that typically handles about one-fifth of the world’s oil and liquefied natural gas supplies.
