Oil Crashes to $95, S&P Notches Seven-Day Rally

WTI dropped below the $95 level, shattering the $100 barrier, as the ceasefire announcement sparked immediate relief. The S&P 500 extended its longest winning streak since October 2025 to seven sessions. The Philadelphia Semiconductor Index and the iShares Semiconductor ETF both hit intraday record highs for the first time since February.