Katherine Sullivan

stocks rallied today as geopolitical tensions appeared to ease.

All three major indexes pushed higher during the session.

The Dow and the Nasdaq each gained 1.4%.

The S&P 500 finished up 1.2%.

Every sector in the S&P 500 ended the day in the green.

Travel and consumer stocks led the broad market advance.

Investors reacted to news that the U.S.

will postpone strikes on Iranian infrastructure.

This shift also caused oil prices to drop sharply.

Brent crude fell 11 percent to settle below $100 a barrel.

Among individual companies, Synopsys shares climbed 3%.

This followed reports that an activist investor built a multi-billion dollar stake in the firm.

Supermicro computer shares rose over 5% today.

The move recovered some losses from last week after the U.S.

charged a co-founder and two other employees of the company in an alleged scheme to smuggle NVIDIA chips to China.

DraftKings shares gained 1%.

Investors weighed news of a potential bill to ban certain prediction market competitors like CalShe and PolyMarket from offering sports betting.

And MetaPlatform's shares advanced nearly 2%.

The Wall Street Journal reported that chief executive Mark Zuckerberg is building an artificial intelligence agent for his work as part of a social media company's embrace of AI.

Heads up, an artificial intelligence tool helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed and adapted by an editor.