S&P 500, Nasdaq push to closing records on optimism around Middle East talks, earnings
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The S&P 500 and Nasdaq reached record closing highs on April 15, driven by positive corporate earnings and hopes for progress in US-Iran negotiations. Despite ongoing war concerns and inflation, investors remain confident in business resilience.
The S&P 500 and Nasdaq Composite reached record closing highs on April 15. Investors were encouraged by corporate earnings and hopes for progress in US-Iran negotiations. The Nasdaq notched a record finish, boosted by software stocks and the broader technology sector. The US Treasury Department sanctioned Iran's oil transportation infrastructure, targeting over two dozen individuals, companies, and vessels. The S&P 500 financial index rose 0.8%, led by gains from Bank of America and Morgan Stanley. The Nasdaq's 11-session winning streak was its first since November 2021.
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