Wall Street indexes rise on reports of U.S. and Iran deal
Major U.S. indexes are set for weekly gains as investors monitor reports of a ceasefire deal. Dell shares surged after the company raised its profit forecast.
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The United States equity markets rose in early morning trading on May 29 as reports of a potential Mideast ceasefire fueled investor optimism. The S&P 500 is currently tracking toward its ninth consecutive weekly gain, the longest such streak since December 2023. This risk-on sentiment persists as cooling energy prices and artificial intelligence demand offset hawkish signals from central bankers.
