US Stock Market Today: S&P 500 Climbs Toward Record High as Earnings and US-Iran Talk Hopes Lift Stocks
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US stocks rose on hopes of renewed US-Iran talks and strong bank earnings, with the S&P 500 nearing a record high. Technology shares led the gains, while oil prices remained elevated, keeping inflation concerns in focus.
US stocks traded near record levels as investors reacted to signs that Washington and Tehran could return to talks. The S&P 500 and NASDAQ moved higher, led by technology shares. Strong bank earnings, including from Bank of America and Morgan Stanley, added support. Oil prices stayed elevated, keeping inflation and interest-rate concerns in focus. Corporate updates from various companies, including Broadcom and Robinhood, also influenced the market. The market's attention is now shifting to signs of pressure on margins, demand, and business spending as earnings season advances.
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