US Stock Market Today Live Updates: S&P 500 set for best weekly run since 2023; US-Iran peace talks in focus

US stock futures climbed on Friday, with the S&P 500 set for an eighth consecutive weekly gain—the longest streak since 2023—driven by investor optimism over potential progress in US-Iran peace talks. The index has rebounded 18% from war-fueled lows, while the Dow Jones and Nasdaq also showed modest gains, supported by easing Treasury yields and hopes for a de-escalation in the Middle East. Iran’s foreign minister held discussions with Pakistan’s interior minister, and reports suggest Tehran is considering a US proposal to halt the nearly three-month conflict. Meanwhile, the Trump administration announced that Donald Trump would swear in Kevin Warsh as the new Federal Reserve chair at the White House. Warsh, replacing Jerome Powell, pledged to lead a ‘reform-oriented’ central bank, emphasizing independence, integrity, and adaptive policymaking. He stated that inflation could be reduced, growth strengthened, and wages increased under his leadership, though Federal Reserve Governor Christopher Waller’s recent comments on interest rates—suggesting a possible hike—kept market uncertainty in check. Tech and semiconductor stocks dominated pre-market trading, with Nvidia rising 0.7% after a prior-day decline despite a strong quarterly outlook. Intel, AMD, Marvell Technology, and Broadcom also climbed between 0.9% and 3.2%, reflecting continued strength in the sector. Dell Technologies saw a 17% surge to $296 per share after analysts predicted it would beat earnings expectations next week, with AI-driven momentum expected to boost full-year guidance. Workday shares jumped 11.1% after reporting stronger-than-expected first-quarter revenue and profit, while Take-Two Interactive rose 5% following confirmation of a November 19 launch for *Grand Theft Auto VI*. The broader market showed resilience, with megacap and growth stocks leading gains as investors weighed geopolitical developments against economic data and Fed policy shifts. The S&P 500’s streak of weekly gains reflects cautious optimism, though two-year Treasury yields hit their highest level since February 2025, signaling mixed signals on monetary policy. Pakistan’s army chief was reportedly traveling to Tehran to discuss the latest peace proposal, adding to hopes of a breakthrough in the conflict. Analysts and traders will continue monitoring both market trends and diplomatic updates as the week closes.