Stocks Rise on Optimism About US-Iran Peace Deal
Stocks rose on Wednesday as optimism about a potential US-Iran peace deal boosted market sentiment. The S&P 500 and Nasdaq 100 hit multi-month highs, while the Dow Jones Industrial Average edged lower. The AP reported that the US and Iran reached an 'in-principle agreement' to extend a ceasefire, with President Trump suggesting peace talks could restart soon.
Topics: ceasefire economic_data geopolitical_relations middle_east stock_market