Boosted by President Trump's announcement of an end to the war agreement between the US and Iran, all three major US stock indexes rose, with the Dow Jones Industrial Average rising 516 points and reaching a historic high, the S&P 500 index rising 1.5%, and the Nasdaq rising 2.3%. SpaceX's stock price rose by over 8% on the second trading day. The relevant memorandum of understanding is expected to be signed in Switzerland this Friday, pushing down US crude oil prices by about 5% to around $80 per barrel. US Vice President Vance stated that the Strait of Hormuz is expected to reopen in an accessible manner for the long term. The market expects the probability of the Federal Reserve keeping interest rates unchanged to exceed 98%.
