Live Nasdaq Composite: Tech Stocks Soar, Oil Falls on Long-Awaited Mideast Ceasefire Deal
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The Nasdaq Composite has surged due to a ceasefire agreement between the US and Iran, with tech stocks like Nvidia, Alphabet, and Amazon rising 3-4% in pre-market trading. The broader market is also nearing an all-time high, with the S&P 500 up 2.64% and the Dow Jones Industrial Average up 2.67%.
A two-week ceasefire agreement between the US and Iran has led to a rally in stocks. Tech leaders like Nvidia, Alphabet, and Amazon are up 3-4% in pre-market trading. The Nasdaq 100 index is up 3.5%, with the S&P 500 and Dow Jones Industrial Average also rising. Oil prices have fallen to the lower $90s per barrel. Delta Air Lines jumped 13% after beating earnings expectations. The market is broadly upbeat, with many sectors seeing gains.
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