US EditionS&P, Nasdaq Close at Records on Iran Ceasefire Extension, Earnings
Solid earnings and easing geopolitical risk lifted investor optimism as the S&P 500 and Nasdaq closed at record highs, analysts said.
- On Wednesday, President Donald Trump extended the ceasefire with Iran, boosting investor confidence and sending the S&P 500 and Nasdaq Composite to closing records.
- Despite the ceasefire, the U.S. Navy blockade of Iranian ports remains in effect, while Iran seized two ships in the Strait of Hormuz, responsible for about 20% of global oil supply.
- Solid first-quarter earnings bolstered sentiment, with Boston Scientific shares soaring 8.2% after quarterly results, while Boeing advanced 5.53% and Micron Technology surged 8.48% to close at a record.
- "Everyone's kind of sick of it," said Stephen Massocca, senior vice president at Wedbush Securities, noting the market seeks a beneficial outcome despite concerns about war's impact on earnings.
- Oil prices hovering near $100 per barrel pose inflation risks, and Mohammad Baqer Qalibaf, Iran's parliament speaker and top negotiator, warned that a full ceasefire depends on lifting the blockade.
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38 Articles
S&P, Nasdaq close at record highs
NEW YORK — U.S. stocks climbed Wednesday to send the S&P 500 and Nasdaq to closing records, after U.S. President Donald Trump extended the ceasefire with Iran, with a round of solid corporate earnings providing additional support for optimism.
S&P 500, Nasdaq Settle At Record Levels As Iran Ceasefire Extends: Investor Sentiment Improves, Fear Inde
The CNN Money Fear and Greed index showed an increase in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday. U.S. stocks settled higher on Wednesday, with the S&P 500 and Nasdaq Composite closing at record levels during the session after President Trump extended the ceasefire with Iran. In earnings, AT&T Inc. (NYSE:T)announced upbeat financial results for its fiscal first quarter of 2026 on Wednesday. Boeing …
US stocks hit record highs despite energy concerns
US stocks hit record highs on Wednesday, a day after President Donald Trump extended a ceasefire with Iran, even as energy executives grew more worried about the conflict’s long-term ramifications.The stock market’s animal spirits are returning, CNBC wrote, further evidence that “traders are moving past the Iran war as a major threat.” But elsewhere, warning signs are piling up.A US-led effort to clear mines from the Strait of Hormuz could take …
New York Stock Market Closes Strong on Truce Extension; Nasdaq Hits All-Time High. The three major New York stock indices closed higher as U.S. President Donald Trump extended the ceasefire with Iran just before it was set to expire. On the 22nd, at the New York Stock Exchange (NYSE) Eastern Time, the Dow Jones 30 Industrial Average rose 340.65 points from the previous close...
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