Following two days of declines, the S&P 500 rose nearly 1% as investors reacted positively to a developing agreement between the United States and Iran. The potential deal, details of which remain undisclosed, is expected to ease geopolitical tensions and increase oil supply. Technology stocks spearheaded the market gains, with Intel Corp. among the leading performers. The anticipated increase in oil supply contributed to a drop in crude oil prices. Analysts suggest the market rally reflects optimism regarding the global economic outlook, contingent on the finalization of the US-Iran agreement. This shift indicates investor confidence in reduced risk and potential for economic stability. The agreement’s impact is being closely monitored by financial institutions worldwide.