US Stocks Set Fresh Record High as Trump Extends Iran Ceasefire
Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergUS stocks closed at a fresh record high on Wednesday as President Donald Trump’s ceasefire extension with Iran boosted optimism among traders.
The S&P 500 Index gained 1.0% in New York to close at an all-time closing high. The tech-heavy Nasdaq 100 Index finished 1.7% higher, also setting a fresh all-time closing high. Brent crude jumped 3.0% to $100 per barrel and the Cboe Volatility Index hovered around 19.