Sharp increases on Wall Street following the agreement with Iran

17:30

Trading in New York continues to be conducted with price increases, although at a more moderate pace compared to the opening of the day. The Nasdaq index jumps by about 2.3%, the S&P 500 adds about 1.5% to its value, and the Dow Jones index advances by about 1.1% and qualifies for an all-time high. At the same time, the SOXX index, which tracks chip stocks, also jumps by more than 4% to a new record.

The increases in the S&P 500 index are led by the technology sector, which jumps by 2.7%. On the other hand, the energy sector leads the negative trend and falls by 3.6% against the background of the sharp drops in oil prices in the world.

The 10-year government bond yields in the USA and Germany are recording declines. In the USA, the 10-year government bond yield ( US 10-YR ) retreated by 0.04% and is at a dizzying level of 4.445%. At the same time in Europe, the German 10-year bond yield ( Bund 10-YR ) also shows a similar sentiment, when it sheds 0.0493% for a rate of 2.9495%.

In the digital goods and currencies sector, oil prices are weakening against the background of reports on the agreement that is taking shape between the US and Iran. A barrel of Brent oil loses 5.3% and the price hovers around $82.7. On the other hand, Bitcoin registers a strong positive momentum, jumping by 4.3% and trading around the level of $66,506.

17:00

Trading on Wall Street continues to be conducted with price increases. The Nasdaq jumps by about 2.5%, the S&P 500 adds about 1.6% to its value and the Dow Jones advances by about 1.1% to a new all-time high. The SOXX exchange-traded fund, which tracks chip stocks, also jumps by more than 4% to a new high.

Wall Street’s gains are fairly broad-based, with seven of the S&P 500’s 11 sectors now trading in the green. The increases are led by the technology sectors, private consumption products and communication services, with increases of over 2%. On the other hand, the decreases are led by the energy sector, which falls by a sharp rate of over 4%, against the background of the drop in oil prices in the world.

16:30

Wall Street opens the day with sharp gains, against the background of the apparent agreement between the US and Iran. The S&P 500 rises by about 1.4%, the Dow Jones advances by about 1.2% and the technology-biased Nasdaq climbs by about 2.3%.

Chip stocks stand out on the rise, among them Micron , Nvidia , AMD , Marvel , Broadcom and more. The SOXX basket fund, which tracks the chip sector, climbs at the beginning of the trading day by more than 4%. Also stocks memory chip manufacturers like SanDisk andSeagate are trading up.

stock SpaceX which jumped nearly 20% on its first day of trading on Nasdaq this past weekend, and by the way became the sixth largest company in the world in terms of market capitalization, continues its positive momentum and climbs even today.

At the same time, oil prices continue to fall, while investors are pricing in the reopening of the Strait of Hormuz. Brent crude is down about 5% and is trading around $83 per barrel, while US crude (WTI) is down over 5% and is trading around $80 per barrel.

Relief is also seen in the American debt market, where government bond yields are declining. The ten-year yield is down by over 3 basis points and trades around 4.44%, while the two-year yield is down by over 4 basis points and is trading around 4.04%.

16:00

The stock market in New York is on its way to opening the week with sharp gains, against the background of the apparent agreement between the US and Iran, which is expected to be signed this Friday in Geneva. The Dow Jones and the S&P 500 are expected to open the day with increases of over 1%, while the Nasdaq is expected to jump by about 2%.

US Vice President JD Vance said a little while ago that there are many details that have yet to be finalized, but that he is sure that the US “holds all the cards” in the negotiations that will take place later.

stock similrv Rising in the Nasdaq after the software company reported two new multi-year contracts, totaling approximately $47 million, which led to its ARR (annual recurring revenue) surpassing the $300 million mark. “These contracts directly reflect the strong demand trends we see in our business,” said the company’s founder and CEO, Or Ofer.

14:23

stock Rocco Manizat soared in early trading after Fox announced that it had reached an agreement to acquire the streaming company in a deal valued at about $22 billion, including debt.

14:03

Bitcoin was among the beneficiaries of the interim agreement between the US and Iran, after its price climbed to almost $66,000 on Monday – the highest level in about two weeks. The rise also supported stocks related to the crypto industry, including Robinhood, Coinbase and Strategy.

The move reflects the return of risk appetite to the global markets following the announcement of the agreement between Washington and Tehran. Bitcoin has suffered from selling pressure over the past month, among other things after Strategy announced that it had sold Bitcoin for the first time since 2022. However, despite the recent gains, the currency is still far from its conflict-era peak of around $82,800, which was recorded in early May.

13:54

Elon Musk’s statement that SpaceX’s revenues may reach a trillion dollars by 2030 sets a particularly ambitious benchmark, even in relation to Wall Street’s most optimistic forecasts. Now in early trading the stock jumps by about 5%.

Musk wrote on the X network that “I would be surprised if revenues do not exceed a trillion dollars in 2031”, just two days after the company’s historic IPO, which jumped its value to more than 2 trillion dollars and made it the sixth largest company in the United States.

But the current numbers illustrate the magnitude of the challenge. SpaceX’s revenues in 2025 amounted to approximately 18.7 billion dollars, compared to 14 billion dollars a year earlier. This means that in order to reach a trillion dollars in about five years, the company will have to increase its revenues by more than 50 times. At the same time, despite the rapid growth, SpaceX moved to a net loss of about 4.9 billion dollars in 2025, compared to a profit of 791 million dollars a year earlier, due, among other things, to huge investments in the Starship project and the expansion of the Starlink satellite network.

Even the most optimistic analysts are far from Musk’s forecast. According to a report in the “Wall Street Journal” earlier this month, Goldman Sachs estimates that SpaceX’s revenues will cross the $470 billion mark in 2030, while Morgan Stanley expects revenues of approximately $330 billion. That is, Musk’s forecast is two to three times higher than their estimates.

The gap likely stems from Musk’s belief that SpaceX will become much more than a space launch company. Today the main growth engine is Starlink, which provides Internet services from satellites worldwide. However, Musk also sees huge potential in direct communication services for cell phones, in the defense market, in cargo and spacecraft launches, and even in a future economy around missions to the moon and Mars.

However, even after the jump in market capitalization, SpaceX still generates significantly less revenue than other technology companies of similar value. By comparison, companies like Amazon and Broadcom currently generate hundreds of billions of dollars in annual revenue.

So, while SpaceX’s IPO marks the beginning of a new era for the company and the capital market, Musk’s forecast of a trillion dollars in revenue by the end of the decade now looks far more aggressive than even Wall Street’s most bullish scenarios. If realized, it would make SpaceX one of the biggest revenue companies in business history.

10:24

As in the rest of the world – trade in Europe opened with rather sharp increases. The Frankfurt and Paris stock exchanges rise by 1.6%, London by 0.8%.

08:56

New York futures are trading higher at the start of the shortened trading week, The Dow Jones rises by about 0.7%, the S&P 500 by about 0.9%, and the Nasdaq 100 by about 2%.

Friday marked a historic trading day – we experienced the largest IPO in history and received the first trillionaire ever. Elon Musk’s SpaceX began trading and jumped about 30% before retreating and closing at an increase of about 18% and a market value of over 2.1 trillion dollars.

In the coming week, SpaceX will be eligible for rapid addition to several key indices, which will force passive funds to purchase its shares. The company may be eligible to be added to the NASDAQ 100 index after only 15 trading days.

The IPO led on Friday to a wave of realizations in space and satellite shares, after months in which the companies benefited from the enthusiasm surrounding the expected IPO.

Since the first reports of the IPO began in December, many stocks in the space industry have posted sharp gains. However, with the start of trading in SpaceX, the attention of investors shifted to Elon Musk’s company, whose value is approximately 2.2 trillion dollars, and emphasized the huge size differences between it and the other companies in the industry and the scope of investments needed to continue the development of the industry.

Among the notable ones: Rocket Love Redwire Corporation, ו- I.S.T. Spice-Mobil . More prominence in Firefly descents, Intuitive from Shins andVirgin Galactic Holdings .

“SpaceX is just sucking up all the oxygen in the room,” said Joe Gilbert, portfolio manager at Integrity Asset Management. “It attracts a huge amount of money and attention from investors. In our estimation, investors’ preparation for the IPO has also created pressure on other momentum stocks that have enjoyed strong performance in recent times.”

Besides, there was also trading on Wall Street which closed with moderate gains amid reports that the US and Iran are getting closer to an interim agreement. The Dow Jones index rose by 0.7%, the S&P 500 index added 0.3% and the Nasdaq index strengthened by about 0.2%.

Chip stocks stood out again today. The SOXX stock index rises by 2.5%, in which stocks stand out Intel , AMD andWestern Digital .

The main trigger for Intel’s gains was the recommendation by analyst Vivek Aryeh from Bank of America who upgraded Intel’s stock from “underperform” to “buy” and raised the target price to $135 from $96.

06:00

Pakistan announced, Trump celebrated and the Iranians approved and stopped an attack against Israel: the agreement between the US and Iran sends the stock markets around the world to sharp price increases. The price of oil plummets.

● The neighbor who became the surprising beneficiary of the war with Iran

In response this morning, the markets show great optimism both from the agreement in question and from the planned opening of the Strait of Hormuz. The agreement is expected to be signed on Friday in Switzerland.

In Asia this morning sharp price increases. The Japanese stock market jumps 5% and so does the stock market in South Korea.

As mentioned, the planned opening of the Straits of Hormuz leads to sharp drops in oil prices. Brent oil traded around $83 per barrel, a decrease of about 5%. WTI oil traded around $80 per barrel, a decrease of 5%.

“The deal with the Islamic Republic of Iran is now complete,” Trump wrote in a post on the Truth Social network. The president added that the Strait of Hormuz will be opened without a toll collection system, and that the US will end its naval blockade of Iran.

“The ships of the world, move engines,” Trump wrote. “Let the oil flow!”.

In a later post, Trump stated that the strait will be opened on Friday – the day when the official signing ceremony for the peace agreement is scheduled to take place in Switzerland.

“With the opening of the strait after the signing of the agreement on Friday for the purpose of clearing mines, oil will flow again from both sides for the region and for the whole world!”, wrote the president.

Optimism is also registered on Wall Street this morning (Monday) when the futures contracts jump by about 1% Nasdaq represents even higher price increases of 1.8%.

Meanwhile in the US, trading on Wall Street this week will be shortened, as there will be no trading in the US on Friday on the occasion of Emancipation Day. In addition, the stock exchanges in China and Hong Kong will be closed for a local holiday.