# US stocks surged to their best day since last spring.

*business · news · 2026-04-01 · The Manila Times*

## Key points

- President Trump is reportedly willing to end the U.S. military campaign against Iran even if the Strait of Hormuz stays closed.
- Iran’s president Masoud Pezeshkian signaled willingness to end the war, conditional on guarantees against future aggression.
- Nvidia invested $2 billion in Marvell Technology and announced a partnership, causing Marvell shares to jump 12.8%.
- McCormick is acquiring most of Unilever’s food business for $44.8 billion in cash and stock.
- The yield on the 10-year Treasury fell to 4.31%, down from 4.44% last week, easing rate pressures.

**Companies:** Nvidia, Eli Lilly, United Airlines, Norwegian Cruise Line Holding, Marvell Technology, Centessa Pharmaceuticals
**Countries:** United States, Iran, Kuwait

[Read the full story on The Manila Times](https://www.manilatimes.net/2026/04/01/business/foreign-business/the-dow-surges-more-than-1100-points-as-wall-street-soars-to-its-best-day-since-last-spring/2312175)

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