US EditionStocks Surge as U.S.-Iran Peace Negotiations Loom
3 Articles
3 Articles
Stocks Surge as U.S.-Iran Peace Negotiations Loom
The S&P 500 and Nasdaq achieved record highs, spurred by hopeful U.S.-Iran peace talks and rising semiconductor stocks, notably Intel. Yet, optimism waned due to the Strait of Hormuz's closure. With corporate earnings robust and the Federal Reserve's meeting upcoming, market dynamics remain in flux, influencing investor sentiment.
Us-Iran Negotiations Resume, Us Nasdaq Surges 1.6%... Intel up 15%, Semiconductor Strength Continues
[Digital Daily Reporter Lee Sang-il] The three major New York stock indices closed mixed on the 24th (local time). Expectations of a resumption of negotiations between the U.S. and Iran supported the market. On the New York Stock Exchange, the Standard & Poor's (S&P) 500 index finished at 7,165.08, up 56.68 points (0.80%) from the previous close. The technology-heavy Nasdaq Composite Index rose 398.09 points (1.63%) to 24,836.60. However, the D…
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