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US stocks hit an all-time high and roar back from losses caused by the Iran war as the S&P 500 continues 2-week rally

Better-than-expected earnings and hopes for U.S.-Iran talks drove a broad risk rally, with more than 80% of S&P 500 companies now above March 30 levels.

  • On Wednesday, the S&P 500 index rose 0.8%, adding 55.57 points to close at a record high of 7,022.95, extending a two-week rally that began in late March.
  • Optimism over an 'in principle agreement' to extend a ceasefire between the U.S. and Iran helped drive the rally, alongside a softer-than-expected wholesale inflation report that eased oil-price concerns.
  • Technology stocks led gains, while Snap Inc. announced a 16% workforce reduction to pursue profitability and Allbirds shares surged 582% following a rebranding to NewBird AI.
  • The record close boosts the value of S&P 500-linked holdings like 401s and ETFs, reducing the oil-driven risk premium that had weighed on equities and improving near-term portfolio outlooks.
  • Market strategists suggest risks are declining despite ongoing energy uncertainty, with analysts believing corporate earnings trends and AI-driven efficiency could sustain large-cap technology gains.
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The New York Stock Exchange closed upwards on Wednesday, April 15, with the S&P 500 and Nasdaq reaching new historic peaks, driven by investors' confidence in the continuation of negotiations between the United States and Iran.The Nasdaq Composite index, with a strong presence of technology companies, rose 1.59%, to 24,016.02 points, exceeding its previous closing peak in October 2025.The expanded S&P 500 index also reached a new peak of 7,022.9…

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The spokesman-Review broke the news in Spokane, United States on Wednesday, April 15, 2026.
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