The five-week US-Iran conflict has briefly de-fused after US President Donald Trump announced a two-week pause on attacks against Iran. Oil prices plunged 16%, sparking a sharp uptick in US bourse Wednesday.
The DJIA mushroomed 1,325 points, or 2.9%, to close at 47,909, marking its best single-day performance since April 2025. The S&P 500 climbed 165 points, or 2.5%, to 6,782. The Nasdaq rallied 617 points, or 2.8%, to 22,634.
Semiconductor manufacturing stocks advanced, with the VanEck Semiconductor ETF (SMH.US) jumping up more than 5%. Intel (INTC.US) soared 11%, making it the best-performing Nasdaq 100 constituent of the day. Broadcom (AVGO.US) shot up 5%, whereas Micron (MU.US) spiked 7.7%.
Airlines skyrocketed on the back of ebbing oil prices and the pause in hostilities. Delta Air Lines (DAL.US) delivered 1Q earnings beat, though its full-day gain narrowed to 4%. American Airlines (AAL.US) also pared back earlier gains but still ascended 5%. United Airlines (UAL.US) advanced 8%.
Meta (META.US) launched its first AI model, Muse Spark, with plans to introduce a subscription model in the future. Its shares swelled nearly 7%, rendering it the strongest performer among the "Magnificent Seven". Alphabet (GOOG.US) and Amazon (AMZN.US) each mounted 4%. Nvidia (NVDA.US) rose more than 2%. Tesla (TSLA.US) bucked the market uptrend, down 1%.
Both New York oil futures and Brent oil futures busted below USD100, dragging energy stocks lower. Exxon Mobil (XOM.US) declined 5%, and Chevron (CVX.US) sagged more than 4%.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| Nvidia (C) |
11007 |
205 (-) |
0.113 |
8.5 X |
| Nvidia (P) |
11090 |
168 (-) |
0.320 |
2.8 X |
| AMZN (C) |
11070 |
245 (-) |
0.345 |
5.4 X |
| AMZN (P) |
11137 |
180 (-) |
0.168 |
3.8 X |
| TSLA (C) |
11134 |
490 (-) |
0.234 |
5.6 X |
| TSLA (P) |
11135 |
330 (-) |
0.790 |
2.3 X |
| Broadcom (C) |
11128 |
380 (-) |
0.870 |
3.5 X |
| Broadcom (P) |
11129 |
280 (-) |
0.420 |
2.8 X |
| MU (C) |
11115 |
700 (-) |
0.495 |
3.7 X |
| MU (P) |
11114 |
400 (-) |
1.370 |
1.6 X |
| META (C) |
11069 |
830 (-) |
0.260 |
7.6 X |
| META (P) |
11138 |
475 (-) |
0.490 |
3.5 X |
| ALPBE (C) |
10080 |
360 (-) |
0.152 |
9.6 X |
| ALPBE (P) |
10012 |
230 (-) |
0.034 |
9.0 X |
