US equities posted broad gains on Monday, reversing the sharp technology-led selloff that defined the previous week, as markets reacted to a sudden de-escalation in geopolitical tensions.
The S&P 500 and Nasdaq Composite climbed from recent lows, driven by a wave of relief buying after the United States and Iran agreed to halt mutual military strikes.
The ceasefire, announced late Sunday, marks a significant pivot from the weekend’s exchange of fire that had previously heightened fears of a broader regional conflict.
Crude oil prices also advanced, though gains were more modest as traders weighed the immediate security improvement against the prospect of renewed diplomacy.
Brent and WTI benchmarks moved higher in early trading, reflecting a recalibration of supply risk premiums.
The moderation in oil’s upside suggests that while the immediate threat of disruption has receded, markets are pricing in the potential for a more stable supply environment rather than a sudden shortage.