U.S. Tech Stocks Surge Amid Hopes for Crisis Resolution

Tech stocks fueled a moderate rise in U.S. markets as optimism grew over an early resolution to the U.S.-Israeli conflict with Iran. Despite ongoing military tensions, President Trump's forecast of a swift end to the war bolstered investor confidence, leading to gains in tech shares.

Tech shares propelled a modest rise in U.S. stock markets on Tuesday, as hopes for a swift resolution to the U.S.-Israeli conflict with Iran gained traction. President Donald Trump's optimistic comments on the war fueled investor confidence, extending Monday's last-minute rally across all major U.S. stock indexes.

Despite continued military tensions, with U.S. Defense Secretary Pete Hegseth warning of intensified strikes against Iran, the market remained optimistic about a near-term resolution. Crude prices spiked amid concerns over inflation and a weakening economy, but the market stayed buoyant following Trump's assurance of possible de-escalation and eased oil sanctions on Russia.

In the trading arena, tech stocks demonstrated significant gains, led by chipmakers like Nvidia, SanDisk, and Western Digital. However, energy stocks declined due to falling crude prices. Attention now shifts to upcoming economic indicators, including the Labor Department's Consumer Price Index, which could significantly influence market dynamics.

(With inputs from agencies.)