- The Nasdaq and S&P 500 indexes hit highs amid investor optimism ahead of talks between the US and Iran.
- The Nasdaq Composite rose 1,59% to 24,016.02, while the S&P 500 rose 0,8% to a high of 7022,95.
Upbeat signs of de-escalation in the US-Iran conflict pushed the Nasdaq Composite and S&P 500 indices to new record highs on Wednesday, April 15.
On According to Yahoo Finance, the tech-heavy Nasdaq Composite Index, rose 1,59% to 24,016.02, while the S&P 500 rose 0,8% to a high of 7022,95. The gains were largely driven by the tech sector, which added 2,08% for the session.
Market sentiment improved after comments from the White House regarding ongoing tensions in the Middle East. President Donald Trump said In an interview with Fox Business on Wednesday, he said the war was “about to end,” though he noted that a final solution depended on successful negotiations.
The White House announced that a second round of talks is expected to resume in Islamabad this week, as Trump said Iran has no other choice due to the scale of the damage. The country has been “suffering greatly” and its leaders “are very eager to make a deal,” he added.
If I were to shut down everything now, it would take them 20 years to rebuild this country. And we’re not done yet, сказал Trump
Market experts’ comments on the stock situation are interesting. Fundstrat Chief Investment Officer Tom Lee believes the stock market remains resilient despite geopolitical tensions. Many investors are currently taking a wait-and-see approach, holding off on investing, and awaiting greater clarity on the conflict before returning to the market. He previously claimedthat the current situation in the world could lead to a continuation of the rally.
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