According to MarketWatch, U.S. stock indexes surged on Monday (June 29) following weekend geopolitical tensions, with the Dow Jones hitting 52,000 for the first time. The S&P 500 gained 1.2% while the Nasdaq Composite jumped 2.1%, both ending five consecutive trading days of losses.
U.S. President Trump signaled preparations for peace talks with Iran after weekend retaliatory strikes in the Strait of Hormuz, easing market concerns over escalation. The rally reflects a recurring pattern in 2026, where geopolitical tensions over weekends have been followed by stock market rebounds early the following week.