economyFriday, May 29, 2026event May 296 sources
Global Markets Surge on Anticipation of U.S.-Iran Ceasefire
Global stock markets rose on May 29, 2026, as investors anticipated a U.S.-Iran ceasefire. Asian, European, and U.S. markets all saw gains, with semiconductor stocks in the U.S. leading the rally. The ceasefire hopes were driven by diplomatic efforts between the U.S. and Iran.
U.S. semiconductor stocks rose premarket as investors anticipated a U.S.-Iran ceasefire, following a rally in Asian markets. Japanese and South Korean stock markets soared on the same day, driven by expectations of a deal between the U.S. and Iran. European markets also rose, with European stocks recording a monthly advance on hopes for a U.S.-Iran deal.
Timelines
Sources
WireReutersMay 29, 01:33 PM
European markets rise as investors await US-Iran ceasefire extension - ReutersEuropean markets rise as investors await US-Iran ceasefire extension Reuters
IndependentBloombergMay 29, 11:36 AM
European Stocks Notch Monthly Advance on US-Iran Deal Hopes - Bloomberg.comEuropean Stocks Notch Monthly Advance on US-Iran Deal Hopes Bloomberg.com
IndependentNikkei AsiaMay 29, 11:33 AM
Japanese and South Korean stock markets soar on anticipation of Iran deal - Nikkei AsiaJapanese and South Korean stock markets soar on anticipation of Iran deal Nikkei Asia
IndependentWall Street JournalMay 29, 10:06 AM
U.S. Semiconductor Stocks Rise Premarket After Asia Rally - WSJU.S. Semiconductor Stocks Rise Premarket After Asia Rally WSJ
IndependentWashington PostMay 29, 08:25 AM
Asian shares are mostly higher on hopes for a winding down of the Iran war - The Washington PostAsian shares are mostly higher on hopes for a winding down of the Iran war The Washington Post
IndependentBloombergMay 29, 02:02 AM
Asian Stocks to Rise on Firming US-Iran Sentiment: Markets Wrap - Bloomberg.comAsian Stocks to Rise on Firming US-Iran Sentiment: Markets Wrap Bloomberg.com