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The easing of tensions in the Middle East has boosted the US stock market, with the Semiconductor Index surging over 5%, and Intel spiking 11%.

BlockBeats News, June 9th, President Trump of the United States tweeted that Israel and Iran are seeking an immediate ceasefire, and final peace negotiations are underway. Subsequently, Iran announced a halt to its military actions against Israel, but also warned of a strong response if Lebanon is attacked again. Israel indicated that it would temporarily cease strikes against Iran in response to Trump's request, but warned that if Iran resumes attacks on Israel, Israel will respond forcefully.


As the Israel-Iran military conflict de-escalates, according to Bitget data, the US stock market closed on Monday with the S&P 500 up 0.29%, the Nasdaq up 0.86%, and the Dow down 0.16%. Chip technology stocks, after experiencing a sharp drop last Friday, saw bargain-hunting rebound. The Philadelphia Semiconductor Index rose 5.6% in a single day, Intel rose 11%, Micron Technology rose nearly 10%, Marvell Technology rose 9.6%, and the "NVIDIA challenger" Cerebras surged over 18%.


Today, the Japanese and South Korean stock markets opened higher, with the South Korean KOSPI index opening up 4.21% at 7799.52 points, SK Hynix up over 7%, and Samsung Electronics up 5%. The Nikkei 225 index opened up 0.97% at 64643.96 points.

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