S&P 500, Nasdaq 100 Hit Records as Ceasefire Hopes Fuel Rally

S&P 500, Nasdaq 100 Hit Records as Ceasefire Hopes Fuel Rally

Stocks extended their streak of gains, pushing both the S&P 500 and Nasdaq 100 indexes to record highs, as investors piled into equities on optimism over the ceasefire between the US and Iran and robust corporate earnings.

S&P 500 Closes at All-Time High as Iran Ceasefire Hopes Fuel Two-Week Market Rally

Wall Street crossed a milestone on Wednesday. After weeks of war-driven volatility, deteriorating market sentiment, and a correction that shook portfolios across the country, U.S. stock indexes closed at record highs — driven largely by cautious optimism that the conflict between the United States and Iran may be approaching a turning point. The S&P 500 rose 0.8% to close at 7,022.95 points, an all-time high, surpassing its last record set in Ja…

US Stock Market Today: S&P 500, Nasdaq Hit Record Highs as Wall Street Bets on Ceasefire, Earnings

The S&P 500 and Nasdaq hit new intraday highs Thursday, with the S&P 500 up 0.27% and the Nasdaq rising 0.38% by late morning. Strong earnings from major banks and tech optimism fueled gains, while oil prices climbed as traders doubted progress in Middle East talks. Jobless claims fell to 207,000, but U.S. manufacturing output slipped 0.1% in March. The post US Stock Market Today: S&P 500, Nasdaq Hit Record Highs as Wall Street Bets on Ceasefire…

S&P 500 and Nasdaq Hit Record Highs Amid Iran War

The S&P 500 closed at 7,022 and the Nasdaq at 24,016 on Wednesday — record highs — even as the Strait of Hormuz stays blocked and oil sits above $90 a barrel.