American markets sharply rebounded at the close of the session. The S&P 500 gained +2.91% to 6,528 points. The Dow Jones Industrial Average rose by +2.49% to 46,341 points. The Nasdaq Composite outperformed with +3.83% to 21,590 points.
The movement is directly linked to Donald Trump’s statements, who mentioned a possible end to the conflict with Iran in two to three weeks, without immediate conditions on the Strait of Hormuz. This signal triggered a strong rebound in risky assets.
Meanwhile, oil prices remain high but stabilize: WTI around $102 and Brent close to $117. The dollar weakened by 0.4%, indicating a slight return of risk appetite.
On monetary policy, Jerome Powell takes a softer tone. He believes that rates are well positioned to “wait and see,” with no immediate risk to the financial system. The market anticipates a massive monetary status quo: over 97% probability for the next meeting, with rates still expected to be between 3.50% and 3.75% by the end of the year.
Indicators confirm a moderate slowdown: Chicago PMI falls to 52.8 (from 57.7), but remains in the expansion zone. Household confidence rises to 91.8. Job openings (JOLTS) decline to 6.88 million, signaling a normalization of the labor market.
In terms of stocks, the AI theme drives the market. Nvidia (+5.5%) invests $2 billion in Marvell Technology (+12.8%), strengthening their strategic partnership.
Microsoft rises by +3.1% with a $1 billion investment plan in AI in Thailand.
In the healthcare sector, Eli Lilly (+3.7%) acquires Centessa Pharmaceuticals (+44%) for over $6.3 billion. Biogen declines (-2.2%) despite acquiring Apellis Pharmaceuticals (+136%).
Finally, McCormick & Company advances by +1.2% after strong results and confirms its strategic partnership with Unilever, with expected synergies of $600 million.
The session illustrates a very reactive market to political signals: the rebound is significant but remains dependent on geopolitical trends and energy prices.
