🟢 iShares Core S&P 500 ETF is trading 1.29% up today as U.S.-Iran peace deal reports lower oil and inflation fears

iShares Core S&P 500 ETF is trading at $754.76 (+1.29%) as a tentative U.S.-Iran peace agreement reopens the Strait of Hormuz and drives oil prices lower.

• The de-escalation eases global inflation pressures and reduces the probability of additional interest rate hikes, supporting large-cap equities.
• Market sentiment is broadly positive, with the S&P 500 index rising 1.55% and tech-heavy growth shares leading the advance.