U.S. Stocks Surge as Trump Cancels Planned Strikes on Iran, Adding $1.2 Trillion in Market Value in Minutes
In a dramatic turn of events, U.S. equity markets experienced a sharp rebound after President Donald Trump announced the cancellation of planned military strikes on Iran.
$1.2 trillion was added to U.S. stock market capitalization in just 20 minutes.
The announcement eased immediate geopolitical tensions in the Middle East, sparking broad-based buying across major indices. Tech-heavy names led the charge
Nvidia +1.07%
Apple +1.69%
Tesla +2.66%
Micron +5.74%
SanDisk +10.70%
Other notable movers included AMD (+4.89%), ARM (+8.19%), and several semiconductor and industrial stocks showing strong gains amid reduced risk aversion.
The relief rally followed reports of heightened tensions earlier in the week, with markets sensitive to any escalation involving Iran’s energy infrastructure and the Strait of Hormuz. Trump’s decision to stand down framed around ongoing negotiations triggered a classic “risk-on” move: stocks climbed while oil prices reportedly eased.
WTI crude dropped more than 3% intraday, trading near $87 per barrel
