Equity futures rise amid ceasefire moves by U.S. and Iran, Gary Black notes

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Equity futures rise as ceasefire talks progress

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Ivan Andriyenko

01.06.2026

Equity futures rise amid ceasefire moves by U.S. and Iran, Gary Black notes — Equity futures rise as ceasefire talks progress

Gary Black, managing partner and investor at The Future Fund, reports that equity futures advanced as the U.S. and Iran both pursued changes to a draft agreement aimed at extending a ceasefire and reopening the Strait of Hormuz.

Brent crude reached its highest price in six weeks, which contributed to a rise in 10-year Treasury yields. Technology stocks continued to rally, especially those in AI and memory chip sectors.

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Black recently highlighted SK Hynix becoming the 15th company and third Korean chipmaker to reach a $1 trillion market cap, following TSMC and Samsung Electronics in the sector’s rapid growth here. In a separate commentary, he questioned the potential synergies of a possible merger between SPCX and Tesla, citing investor enthusiasm as likely overestimated here. These prior observations reflect his continued focus on chip stocks and evolving corporate strategies.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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