According to MarketWatch, President Trump signed a US-Iran memorandum of understanding on June 17 that includes an immediate ceasefire, reopening of Strait of Hormuz oil transport, lifting of US maritime blockade on Iran, and a 60-day nuclear negotiation window.
As geopolitical tensions ease and crude oil supply risks dissipate, oil prices and U.S. Treasury yields have declined, creating a looser financial environment for equities. Market analysts view the accord as a strong buy signal for U.S. stocks, with technology and reindustrialization-related investments expected to benefit.