Wall Street highlights: S&P 500, Nasdaq end higher on hopes of end to Iran war
US stocks ended higher on Wednesday, driven by hopes of a ceasefire in the Iran war. The S&P 500 index climbed 0.7% to close at 6,573.89 points, while the Nasdaq Composite added 1.2% to settle at 21,840.95 points.
US stocks rose on Wednesday, driven by hopes of a ceasefire in the Iran war. The S&P 500 index gained 0.7% to close at 6,573.89 points, while the Nasdaq Composite added 1.2% to settle at 21,840.95 points. President Donald Trump said the new Iranian regime had asked for a ceasefire, boosting de-escalation hopes. The Dow Jones Industrial Average gained 0.5% to conclude at 46,565.86 points. The rally came after a difficult March for US stocks, with the S&P 500 and Nasdaq seeing their worst monthly performance in a year. Investors are taking comfort from signs that negotiations are underway, despite key risks remaining.
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