On May 6, all four major U.S. stock indices—S&P 500, Nasdaq, Dow Jones, and Russell 2000—closed at record highs, driven by a significant drop in oil prices. The S&P 500 rose 1.46% to 7,365.12, the Nasdaq surged 2.02% to 25,838.94, the Dow Jones gained 1.24% to 49,910.59, and the Russell 2000 increased 1.52% to 2,888.24. This market rally was fueled by reports of potential peace negotiations between the U.S. and Iran, which led to Brent crude falling below $100 per barrel for the first time since the conflict began, closing at $99.12, down 9.8%. In the cryptocurrency market, Bitcoin reached $82,320, approaching its 200-day moving average of $82,228, signaling a potential trend reversal. Ethereum also rose to $2,409, contributing to a significant rebound in the global crypto market cap. The sharp decline in oil prices has shifted macroeconomic conditions, reducing inflation expectations and easing pressure on risk assets like cryptocurrencies. Meanwhile, AMD and Supermicro saw substantial gains, with AMD rising 17.77% and Supermicro surging 24.5%, driven by strong demand for AI-related technologies.