US stock markets experienced a significant surge following President Trump’s announcement that he would halt further military strikes against Iran. The Dow Jones Industrial Average jumped over 1000 points, indicating a strong positive market reaction to the de-escalation of tensions. Gains were particularly notable in the chip sector, boosted by increased price targets. European markets also benefited, with the AEX index in Amsterdam closing 1.1 percent higher at 1063 points, reaching a record high. Leading the gains on the AEX were companies Besi, ASML, and ASMI. Analysts attribute the market rally to reduced geopolitical risk and optimism surrounding potential diplomatic solutions between the US and Iran.