Nasdaq and S&P 500 Rise on Tech Gains and Peace Hopes

Tech stocks led the Nasdaq higher today following strong Intel earnings and reports of potential peace talks. Oil prices fell as Middle East tensions eased.

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The United States equity markets saw a divergence in performance on Friday as technology strength propelled the S&P 500 and the Nasdaq Composite higher, while the Dow Jones Industrial Average finished in the red. Investors navigated a complex landscape of robust corporate earnings, geopolitical developments involving Iran, and concerns over future profitability due to energy costs.

A financial professional monitors market activity on the floor of the New York Stock Exchange during a busy trading session. REUTERS/Jeenah Moon
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