Global stock markets continued their upward trend Tuesday, bolstered by increasing optimism surrounding a potential US-Iran peace agreement. Oil prices experienced a further decline, directly linked to the easing of geopolitical tensions in the Middle East. The technology sector also contributed to the market rally, spurred by continued strong performance from companies like SpaceX. Investors appear encouraged by the prospect of de-escalation in the region and its potential positive impact on global economic stability. This positive sentiment outweighed earlier concerns about potential economic headwinds. The rally indicates a shift in investor confidence towards riskier assets. Further developments in the US-Iran negotiations will likely continue to influence market performance.