Nasdaq Extends 11-Day Rally as S&P 500 Hits Record High on Iran Peace Optimism
U.S. stock markets surged to new highs as optimism around potential peace talks between the U.S. and Iran fueled a strong “risk-on” sentiment.
The Nasdaq extended its winning streak to 11 consecutive sessions. One of its longest in years—while the S&P 500 closed at a record high above 7,000. The rally was driven largely by gains in technology stocks and improving investor confidence as geopolitical tensions showed signs of easing.
The rebound marks a sharp turnaround from earlier declines caused by the conflict. With markets now pricing in a possible resolution that could stabilize oil prices and reduce inflation risks. Strong corporate earnings and resilient economic data have further supported the rally. Although analysts caution that uncertainty remains if peace negotiations fail to deliver a lasting outcome.
Clever Robot News Desk 16th April 2025
Related Article
