Stocks Rally, Oil Falls on Iran Deal Hopes; US Gasoline Tops $4.50/Gallon | Bloomberg Brief 5/6/2026

US equity futures rise and oil drops on optimism that US and Iran may be nearing a peace deal. Yen strengthens to a 10-week high against the dollar, sparking speculation of Japan's intervention. US gasoline prices top $4.50 a gallon for the first time since July 2022. Strong results from AMD and Super Micro push tech stocks higher. Alphabet leads Keith Lerner of Truist discusses tech stocks driving the rally in equities. (Source: Bloomberg)