US Stock Market Highlights: Wall Street continued its upward trend on Thursday, with key indices reaching new highs as decreasing geopolitical tensions and ceasefire announcements boosted market sentiment. The S&P 500 climbed 0.26% to settle at 7,041.28, while the Nasdaq Composite increased by 0.36% to close at 24,102.70. The Dow Jones Industrial Average gained 115 points, or 0.24%, finishing at 48,578.72.
US Stock Market Highlights: Wall Street continued its upward trend on Thursday, with key indices reaching fresh highs as decreasing geopolitical tensions and ceasefire announcements boosted market sentiment.
The S&P 500 climbed 0.26% to settle at 7,041.28, while the Nasdaq Composite increased by 0.36% to close at 24,102.70. The Dow Jones Industrial Average gained 115 points, or 0.24%, finishing at 48,578.72.
This optimism was strengthened after Donald Trump announced that Israel and Lebanon had agreed to a 10-day ceasefire starting at 5 p.m. ET, following discussions with Lebanese President Joseph Aoun and Israeli Prime Minister Benjamin Netanyahu. A pause in hostilities between Israel and Lebanon has been a crucial factor for advancing US-Iran negotiations.
Trump mentioned that the next round of US-Iran negotiations could occur “probably, maybe, next weekend,” reiterating earlier statements that the conflict is “very close to over.”
