Finance

Markets reacted positively to news that the United States and Iran have agreed to halt tit-for-tat military strikes, allowing for continued peace talks in Qatar. The cooling of tensions in the Middle East has provided a significant boost to risk-on assets and eased fears regarding global trade disruptions. Investors are hopeful that this diplomatic progress will stabilize energy-driven inflation and influence future Federal Reserve interest rate decisions.

Mega-cap technology stocks saw a substantial recovery, with Alphabet surging 4.8% on its first day as a member of the Dow Jones Industrial Average. Tesla shares also jumped 5.8%, leading a broader rebound in the sector alongside Meta and Amazon. These gains were further supported by Comcast's announcement of a strategic plan to spin off its cable television networks into a separate entity.

Digital assets showed signs of recovery on Monday, with Bitcoin climbing back above the $60,000 psychological threshold. This stabilization follows a period of heavy selling by long-term holders and record-high monthly outflows from U.S. Bitcoin ETFs throughout June. Other major tokens, including Ethereum and Solana, also posted moderate gains during the session.