# US-Iran Ceasefire

Markets Surge on Fragile De-escalation: Tech Leads Global Relief Rally as US-Iran Tensions Cool

Global markets rallied sharply on April 8 following news of a temporary US-Iran ceasefire, with the Nasdaq climbing over 3%. While tech stocks and semiconductors led the gains as oil prices plummeted, analysts remain cautious due to looming recession warnings and the fragile nature of the Middle Eastern peace deal.