Stocks Rise Sharply Amid Hopes for a Deal in Iran
U.S. stock indexes closed sharply higher on Wednesday, recovering much of the week's losses due to falling crude oil prices and lower bond yields driven by hopes for an end to conflict in Iran. The S&P 500 rose 1.08%, the Dow gained 1.31%, and the Nasdaq surged 1.66%. Futures also showed gains, while semiconductor stocks rallied ahead of Nvidia's earnings.
Topics: bond yields geopolitical tensions oil prices stock market