AI Chip Stocks Surge & Crude Oil Plunges on U.S.-Iran Peace Deal, SPCX Rallies

A peace deal between the U.S. and Iran is happening, according to reports made over the weekend. The headlines sent stocks surging and crude oil plunging into the start of Monday's trading session. Tom White explains how the deal is more helpful for overseas markets and what you need to watch throughout Monday's trading day. AI chip stocks led momentum and sent Nasdaq-100 (NDX) futures up over 2%. Tom then turns to SpaceX (SPCX) as shares catch a bid on the positive headlines, along with Fox Corp. (FOX) acquiring Roku Inc. (ROKU).

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