US stocks extend gains, erasing losses caused by Iran war
US stocks have extended their gains, erasing losses caused by the Iran war, as President Donald Trump hinted at a potential agreement to end the conflict. The S&P 500 Index rose 1% and the Nasdaq 100 Index gained 1.1%, with nine of the 11 industry groups advancing.
US stocks rose, erasing losses from the Iran war. The S&P 500 Index ended the day up 1%, with nine of the 11 industry groups advancing. The Nasdaq 100 Index rose 1.1% and the Dow Jones Industrial Average gained 0.6%. President Donald Trump hinted at a potential agreement to end the conflict, boosting market sentiment. First-quarter earnings season started with mixed results, including a miss from Goldman Sachs. Other major banks are due to report earnings soon.
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