On the evening of July 30, 2026, a major news from the Middle East quickly spread to global financial markets, and risk appetite significantly rebounded. The US stock market rose across the board, the US dollar fell sharply, crude oil fell under pressure, precious metals strengthened against the trend, domestic fuel oil futures continued to rebound due to regional shipping disturbances, and multiple market signals showed the chain effect brought by the geopolitical situation.

Synchronized fluctuations in US stock exchange rates

On the evening of July 30, 2026, the three major US stock indices opened high and rose, with the Nasdaq closing up 2.78%, the S&P 500 index up 1.66%, and the Dow Jones Industrial Average up 1.19%. Microsoft has risen by over 15%, with a daily market value increase of $450 billion, and the storage and optical communication sectors have generally surged. Apple's performance guidance fell short of expectations, with its stock price dropping nearly 7% after hours. Amazon's cloud business performed well, with an increase of over 9% after hours.

The exchange rate market fluctuated significantly, with the US dollar index falling 0.9%, marking the largest daily decline since January. The Japanese yen has appreciated significantly, with a rise of 2.5%, and there are rumors in the market that the Japanese authorities will intervene in the exchange rate. Commodity market differentiation, international crude oil closed down, COMEX gold rose 1.68%, and silver rose 2.12%.

Gaza reaches reconciliation agreement

US President Trump announced that he has facilitated a comprehensive disarmament agreement for Gaza armed groups. This plan is an important milestone in the 20 point plan for Gaza, and Gaza will be handed over to the new Palestinian government for management. The agreement will be implemented in stages. After the completion of armed disarmament, the Israeli army gradually withdrew, and international forces cooperated with local police forces to maintain regional security. The news eased market concerns about the ongoing escalation of the Middle East conflict, directly lowering the geopolitical premium of crude oil.

Fuel oil fundamentals strengthen

Affected by the US Iran conflict, domestic fuel oil futures continue to rebound. As of the close, the high sulfur fuel oil 2609 contract rose 6%, while the low sulfur fuel oil 2609 contract rose 4%. At present, the fuel oil market maintains a near high and far low structure, with inventories in the three regions at a low level in nearly four years. The obstruction of shipping in the Strait of Hormuz has driven up the demand for ship fuel, and the tight supply and demand of diesel continue to divert raw materials. The supply of high and low sulfur fuel oil remains tight. Institutions predict that short-term fuel oil prices are likely to remain high and fluctuate, and the price difference may continue to rise.Editor/Min Jing