US equities advanced on Tuesday, supported by a pullback in energy prices and a continued rebound in AI‑related infrastructure stocks. The S&P 500, Nasdaq 100, and Dow each rose about 0.6%.
Oil and fuel prices eased as Iran and Israel refrained from further military exchanges following their weekend operations, creating space for renewed negotiations between Tehran and Washington over a potential deal that could restore energy exports.
Equities also benefited from a rebound in Treasuries as investors reassessed the likelihood that the Federal Reserve will deliver another rate hike this year. Fixed-income markets face a key test tomorrow with the release of May’s inflation data, which is expected to show further acceleration.
In the equity market, semiconductor and data-center names extended Monday’s rebound after Friday’s sharp selloff. OpenAI has confidentially filed for an IPO, and Anthropic has secured additional funding, both developments reinforcing expectations for elevated capital spending on AI infrastructure.
Nvidia gained more than 1%, Micron built on its recent strength with a 4% advance, and Oracle added 1% ahead of its earnings release later this week.
