US-Iran peace ignites recovery at Wall Street – Oil plunges below 75 USD, easing inflation fears – Fed Chief Warsh defends tough stance, fueling interest rate fears - Trump connects Apple and NVIDIA with Intel – Marvell delivers 5 million photonics chips – Morgan Stanley declares the “structural supercycle” for Western Digital – Smith & Wesson shines with record quarter

USA & MACRO-ENVIRONMENT Wall Street turns positive and completes a remarkable recovery After two consecutive days of losses, the S&P 500 gains about 1%, led by technology and semiconductor stocks. The trigger for the relief rally is a peace agreement between the USA and Iran, which sharply alleviates concerns regarding energy supply. US President Donald Trump and Iran's President Massud Peseschkian sign a framework agreement that aims to reopen the Strait of Hormuz and lift the naval blockade of Iranian ports. Mediator Pakistan confirms...