[New York Stock Exchange] Three Major Indices Open Higher on Ceasefire Extension News

Brent Crude Surpasses $100 per Barrel

New York Stock Exchange. New York (USA) – Special Correspondent Yoonju Hwang

On the 21st (local time), all three major U.S. stock indices opened higher. This was due to U.S. President Donald Trump’s decision to extend the ceasefire period with Iran just one day before it was set to expire.

According to the home trading system (HTS), as of 9:35 a.m. at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average was up 386.91 points (0.79%) to 49,536.29. The S&P 500, which focuses on large-cap stocks, had risen 45.68 points (0.64%) to 7,109.69, while the tech-heavy Nasdaq was up 164.96 points (0.68%) to 24,424.93.

Earlier in the morning, Axios reported that President Trump was considering shortening the ceasefire with Iran to about three to five days, clarifying that it would not be an indefinite extension. This decision was made based on the assessment that Iran was unable to present a unified position in negotiations with the United States due to divisions between its military and its negotiating team.

President Trump had also declared on social media the previous day, "At the request of Pakistan, I have been asked to postpone any attack on Iran until the Iranian leadership and the head of its negotiation team can present a unified proposal," thus announcing an extension of the ceasefire.

The market is paying attention both to the war and to corporate earnings. Boeing is trading at $227.16, up 3.96%, after posting a first-quarter loss that was smaller than expected. Notable gains include Morgan Stanley (+1.00%), Blackstone (+2.07%), Goldman Sachs (+1.17%), and Micron Technology (+3.32%).

Stephanie Aliaga, global market strategist at J.P. Morgan Asset Management, predicted that stock prices will continue to rise, driven by the artificial intelligence (AI) boom and productivity gains, despite ongoing geopolitical uncertainty.

Aliaga analyzed, "The Middle East conflict has not been fully resolved, but the market is looking ahead, and realistically, we are still on a path toward easing tensions."

She added, "The market may have moved too quickly in anticipating a reduction in tensions, which could pose a risk. However, while there may be some volatility, ultimately this is just a minor obstacle on the market’s upward trajectory."

Meanwhile, international oil prices are on the rise. As of this moment on the ICE Futures Exchange, Brent crude for June delivery is trading at $100.55 per barrel, up 2.19% from the previous session. On the New York Mercantile Exchange, West Texas Intermediate (WTI) crude for June delivery is up 2.31% to $91.79 per barrel.

This content was produced with the assistance of AI translation services.