iShares Core S&P 500 ETF is trading at $752.36, up 1.25% today after a tentative U.S.–Iran peace agreement reopened the Strait of Hormuz, sending oil prices sharply lower and easing inflation and rate-hike fears.

  • The geopolitical de-escalation has fueled a broad risk-on rally, with technology and other growth sectors leading the market higher.
  • The move is broadly in line with S&P 500 futures, which are up approximately 1.24% compared to the June 12, 2026 close of $745.14.