The S&P 500 surged, wiping out all losses that accumulated since the onset of the Iran conflict. Investors poured into equities after a temporary ceasefire agreement lifted geopolitical risk.

This rebound follows weeks of uncertainty as market participants worried about regional tensions. The pause in hostilities reassured traders that oil prices and supply chains might stabilize, supporting corporate earnings expectations.

With U.S. earnings season kicking off, the index’s lift signals confidence in corporate forecasts. A robust start could set the tone for the quarter, as analysts weigh the impact of reduced risk premiums on valuation multiples.

Ultimately, the rally underscores how geopolitical developments can swiftly reshape market sentiment and influence the trajectory of earnings reports.