Oil prices slipped back to flat levels after a sharp rally the day before, while global indices posted gains. Nasdaq‑100 futures pushed the U.S. market higher, takaisin Treasury yields held steady. The lift follows President Trump’s remarks that Iran had reached out, signaling a potential de‑escalation in the conflict that erupted this week.

Washington said it struck 90 military targets in the overnight exchange, but the tone of the conversation suggested both sides may favor a cease‑fire. The reduction in wartime unease lifted pressure on energy stocks, easing volatility that had rattled the market.

Investors have shifted focus to the AI sector ahead of SK Hynix’s U.S. listing, expected to debut tomorrow. The South Korean chipmaker’s offering could set a benchmark for technology IPOs and influence demand for AI hardware across the globe.

For portfolio managers, the easing Middle East tension lowers geopolitical risk, while the SK Hynix debut presents a new growth avenue in AI. Firms that hold AI exposure may benefit from higher valuation multiples, whereas energy‑heavy portfolios could see reduced upside potential as oil stabilizes.