The week began with a rise in the US stock market. The market hopes to end the war with Iran through diplomatic efforts, push oil prices down, and ease concerns about inflation. At 9:49 New York time, the S&P 500 index rose 0.6%, the Nasdaq 100 index rose 1.5%, and the Dow rose 0.2%. The renewed strength of chipmakers also boosted market sentiment. Brent crude oil fell for the fourth consecutive trading day. If the decline continues, it will set a record for the longest continuous decline since June. US 10-year Treasury yields fell below 5%. Bitcoin rose above $85,000. A strategist at Bespoke Investment Group said, “The only real factors driving up the market are falling oil prices and US bond yields. Today, these factors are sufficient because the stock market has always been affected by energy and bond market trends.”

The week began with a rise in the US stock market. The market hopes to end the war with Iran through diplomatic efforts, push oil prices down, and ease concerns about inflation. At 9:49 New York time, the S&P 500 index rose 0.6%, the Nasdaq 100 index rose 1.5%, and the Dow rose 0.2%. The renewed strength of chipmakers also boosted market sentiment. Brent crude oil fell for the fourth consecutive trading day. If the decline continues, it will set a record for the longest continuous decline since June. The yield on US 10-year Treasury bonds fell below 5%. Bitcoin rose above $85,000. A strategist at Bespoke Investment Group said, “The only real factors driving up the market are falling oil prices and US bond yields. Today, these factors are sufficient because the stock market has always been affected by energy and bond market trends.”