# Stocks climb on US-Iran peace deal > Source: > Published: 2026-06-15 20:04:19+00:00 # Stocks climb on US-Iran peace deal High-flying tech names, travel stocks, and crypto all soared, while energy stocks sank as oil prices fell. The S&P 500, Nasdaq 100, and Russell 2000 climbed higher on news that the US and Iran have [reached a deal](https://sherwood.news/markets/stocks-soar-as-us-and-iran-reach-deal-to-open-strait-of-hormuz-end-the-war/?utm_source=robinhood) to reopen the Strait of Hormuz and end hostilities. Oil prices sank on the news. Technology was the best-performing sector as the peace deal reignited enthusiasm for the AI trade, while energy was the worst performer. All Magnificent 7 stocks rose. [Bitcoin](https://robinhood.com/us/en/crypto/BTC/?source=sherwood) rose to its [highest level in two weeks](https://sherwood.news/crypto/bitcoin-hits-highest-level-in-2-weeks-following-news-of-iran-deal/) as the risk-on mood resumed. [Ethereum](https://robinhood.com/us/en/crypto/ETH/?source=sherwood), [Solana](https://robinhood.com/us/en/crypto/SOL/?source=sherwood), [XRP](https://robinhood.com/us/en/crypto/XRP/?source=sherwood), [Zcash](https://robinhood.com/us/en/crypto/ZEC/?source=sherwood), and [Hyperliquid Strategies](https://robinhood.com/us/en/stocks/PURR/?source=sherwood)** **also** **soared as the [broader crypto market snapped back](https://sherwood.news/crypto/crypto-market-snaps-back-as-sentiment-lifts-with-altcoins-from-ethereum-to-xrp-soaring/) on improved risk sentiment. **Stocks that moved higher:** [Southwest Airlines](https://robinhood.com/us/en/stocks/LUV/?source=sherwood),[Alaska Air](https://robinhood.com/us/en/stocks/ALK/?source=sherwood),[JetBlue](https://robinhood.com/us/en/stocks/JBLU/?source=sherwood),[Frontier](https://robinhood.com/us/en/stocks/ULCC/?source=sherwood),[Delta Air Lines](https://robinhood.com/us/en/stocks/DAL/?source=sherwood),[United Airlines](https://robinhood.com/us/en/stocks/UAL/?source=sherwood), and[American Airlines](https://robinhood.com/us/en/stocks/AAL/?source=sherwood)all climbed as oil prices dropped[on the promise](https://sherwood.news/markets/stocks-soar-as-us-and-iran-reach-deal-to-open-strait-of-hormuz-end-the-war/?utm_source=robinhood)that the Strait of Hormuz would soon be open.[Royal Caribbean](https://robinhood.com/us/en/stocks/RCL/?source=sherwood),[Norwegian Cruise Line](https://robinhood.com/us/en/stocks/NCLH/?source=sherwood), and[Carnival](https://robinhood.com/us/en/stocks/CCL/?source=sherwood)gained as falling oil prices and reduced geopolitical risk lifted the[travel and leisure sector](https://sherwood.news/markets/stocks-soar-as-us-and-iran-reach-deal-to-open-strait-of-hormuz-end-the-war/?utm_source=robinhood).The peace deal [reignited the momentum trade](https://sherwood.news/markets/peace-deal-prompts-big-buying-of-2026s-best-performing-stocks/), sending 2026's best-performing tech and semiconductor names sharply higher, with[Seagate Technology Holdings](https://robinhood.com/us/en/stocks/STX/?source=sherwood),[Astera Labs](https://robinhood.com/us/en/stocks/ALAB/?source=sherwood),[Nebius](https://robinhood.com/us/en/stocks/NBIS/?source=sherwood),[Lam Research](https://robinhood.com/us/en/stocks/LRCX/?source=sherwood),[Applied Materials](https://robinhood.com/us/en/stocks/AMAT/?source=sherwood),[Intel](https://robinhood.com/us/en/stocks/INTC/?source=sherwood),[GlobalFoundries](https://robinhood.com/us/en/stocks/GFS/?source=sherwood),[Coherent](https://robinhood.com/us/en/stocks/COHR/?source=sherwood),[Sandisk](https://robinhood.com/us/en/stocks/SNDK/?source=sherwood),[AMD](https://robinhood.com/us/en/stocks/AMD/?source=sherwood),[Western Digital](https://robinhood.com/us/en/stocks/WDC/?source=sherwood),[Marvell Technology](https://robinhood.com/us/en/stocks/MRVL/?source=sherwood),[Dell](https://robinhood.com/us/en/stocks/DELL/?source=sherwood),[Nvidia](https://robinhood.com/us/en/stocks/NVDA/?source=sherwood), and[Lumentum](https://robinhood.com/us/en/stocks/LITE/?source=sherwood)all surging. **Stocks that moved lower:** [Exxon](https://robinhood.com/us/en/stocks/XOM/?source=sherwood),[Devon Energy](https://robinhood.com/us/en/stocks/DVN/?source=sherwood),[Occidental Petroleum](https://robinhood.com/us/en/stocks/OXY/?source=sherwood),[Chevron](https://robinhood.com/us/en/stocks/CVX/?source=sherwood),[Phillips 66](https://robinhood.com/us/en/stocks/PSX/?source=sherwood), and[CF Industries](https://robinhood.com/us/en/stocks/CF/?source=sherwood)fell as[oil prices dropped](https://sherwood.news/markets/energy-stocks-follow-oil-lower-as-strait-of-hormuz-set-to-reopen/).[Fox](https://robinhood.com/us/en/stocks/FOX/?source=sherwood)sank as as investors[digested the risk profile and timeline of its deal](https://sherwood.news/markets/fox-to-acquire-roku-in-22-billion-deal-to-create-streaming-and-live-content-powerhouse/)to buy[Roku](https://robinhood.com/us/en/stocks/ROKU/?source=sherwood)in a cash-and-stock transaction valued at about $22 billion.