The S&P 500 closed above 7,000 for the first time, driven by a rebound in mega-cap technology stocks and renewed optimism following US-Iran peace talk developments. The Nasdaq also saw significant gains, with investors shrugging off prior wartime concerns amid falling oil prices and hopes for de-escalation in the Middle East. Global markets are reacting positively to reduced geopolitical risk.
📷 Stock market graph showing an upward trend, symbolizing market optimism. — Wikimedia Commons