The Dow Jones Industrial Average opened up 1.6%, the S&P 500 rose by 1.4%, and the Nasdaq rose by 1.6%.
Airline stocks strengthened, with Delta Air Lines rising by 5.3%, United Airlines by 5.2%, and Southwest Airlines by 3.6%. Trump suspended attacks on Iran's critical energy infrastructure. Tourism stocks rose, with Trip.com up 3.5%, Hyatt Hotels up 3.3%, and Airbnb up 1.5%. Western Oil fell by 3.7% and Chevron by 1.9% due to falling oil prices. MongoDB rose by 4.1%, and Mizuho Securities stated that AI will make it more competitive rather than weakened. Nuance Technology rose by 2.3%, with the aggressive investment firm Elliott Management holding billions of dollars' worth of shares.
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