Vanguard S&P 500 ETF is trading 1.2% up today following a tentative U.S.–Iran peace agreement and the planned reopening of the Strait of Hormuz, which has significantly reduced global energy-supply and inflation risks.
- Brent crude prices fell over 4%, easing pressure on interest rates and benefiting the fund's heavy information technology and growth exposure.
- U.S. equity futures rose more than 1% as geopolitical tensions eased, sparking a broad global risk-on rally across major indices.