Headline: US Stocks Rebound; Semiconductors Lead as Intel (INTC) Surges 10% Amid Peace Deal

U.S. stocks rebounded on June 18, 2026, with the S&P 500 rising 1.08% to 7,500.58 and the Nasdaq surging 1.91% to 26,517.93, recovering from earlier losses. The Philadelphia Semiconductor Index jumped 6.42%, led by Intel (INTC) shares soaring over 10% following reports of a chip design and manufacturing partnership with Apple (AAPL). An announced US-Iran peace agreement also contributed to market optimism. The peace deal, signed by U.S. President Trump and Iranian President Pezeshkian, pushed WTI crude futures down to $73.58 per barrel, a low since early March, making energy stocks among the S&P 500's weakest performers. The market rally reversed declines from the Federal Reserve's recent hint at potential interest rate hikes. Other chipmakers saw gains, including Taiwan Semiconductor Manufacturing Co. (TSM) ADR up 6.94%. Accenture (ACN) fell 17.97% after announcing $4.175 billion in acquisitions. U.S. markets will be closed June 19, 2026, for Juneteenth.