S&P 500 Gains 0.3%, Nasdaq Jumps 1.6% on Monday as Chipmakers Revive and Israel-Iran Ceasefire Eases Tensions

U.S. stock indexes climbed on Monday, June 9, supported by recovering chipmaker stocks and a ceasefire between Israel and Iran. The S&P 500 rose 0.3% to 7,405.73, the Nasdaq 100 jumped 1.6% to 29,414.26, and the Dow Jones fell 0.2% to 50,786.01, according to market data. Israel's Prime Minister Benjamin Netanyahu said the country would hold off on attacking Iran but warned of a forceful response if strikes resume, while Iran's Ministry of Foreign Affairs told CNBC its military had ended military operations against Israel.

Chipmaker stocks led gains after weakness last week, with Intel shares surging after securing an order for 3 million specialized AI chips from Alphabet's Google, a key driver alongside Apple's announcement of Siri AI at WWDC 2026, though the lack of a definitive launch timeline weighed on the stock.