US and Latin American Stocks Rebound as Ceasefire Eases Market Jitters

U.S. stocks and Latin American equities bounced back after news of a ceasefire between the U.S. and Iran helped calm investors. Broad benchmarks such as the S&P 500 and Nasdaq-focused funds, along with the iShares Latin America 40 ETF, regained ground as traders rotated back into risk assets. While tech leaders like Apple (AAPL), Microsoft (MSFT), and Tesla (TSLA) staged a significant rebound, energy giants such as Chevron (CVX) experienced a sharp drawdown, primarily driven by crude oil prices retreating to approximately $92 per barrel.

The iShares Latin America 40 ETF, or ILF, tracks large companies across the region and often moves with demand for commodities, banks and consumer stocks. QQQ, which follows the Nasdaq-100, tends to capture the market's appetite for growth and technology, while SPY gives a broad read on large U.S. equities.