S&P 500 Reaches New High as Iran Tensions Show Signs of Cooling
The S&P 500 hit a record high as Trump signaled an end to the Iran war. Strong bank earnings and signs of easing oil transit tensions boosted market sentiment.
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Wall Street's primary stock benchmark, the SPDR S&P 500 ETF TRUST, reached a new intraday record on Wednesday as investor sentiment was bolstered by signs of easing geopolitical tensions and a strong start to the corporate earnings season. Risk appetite returned to the United States following optimistic remarks from President Donald Trump regarding the conflict involving Israel and Iran.
