US Stock Market Sees Positive Futures Amid Hopes for Peace Deal and AI-Driven Rally

US Stock Markets Poised to Open at Fresh Peak on Tuesday

The US stock markets are expected to open at a fresh peak on Tuesday, following a trading halt on Monday due to Memorial Day. With trading set to resume, investors remain upbeat about potential Middle East peace negotiations, despite recent military strikes.

The market sentiment has been further supported by the continued strength in artificial intelligence–driven semiconductor stocks. The ongoing negotiations between the US and Iran have been closely watched, with US Secretary of State Marco Rubio stating that negotiations could take "a few days." President Donald Trump also noted on Truth Social that discussions were progressing "nicely," easing concerns about escalation.

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In the premarket trading, semiconductor stocks continued to lead gains on strong AI-related demand. Marvell Technology surged 5.7%, while Micron Technology and Intel each rose about 2%. Meanwhile, oil markets remained volatile, with Brent crude rising as much as 3% amid lingering uncertainty over whether a deal would be reached to secure shipping routes through the Strait of Hormuz.

Global equity markets showed mixed trends as geopolitical risks persisted. However, the ongoing optimism about the potential for a Middle East peace deal has helped to ease concerns about escalation, providing a boost to the US stock markets.