S&P 500 and Nasdaq hit records on Iran ceasefire

U.S. stocks climbed on Wednesday as an extended ceasefire with Iran and solid corporate earnings boosted investor optimism. Technology shares led the market gains.

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The United States equity markets reached new heights on Wednesday as investors reacted to geopolitical developments and a robust start to the corporate reporting season. The S&P 500 and Nasdaq Composite both secured record closing levels following an announcement that the ceasefire with Iran would be extended indefinitely.

Traders manage transactions on the floor of the New York Stock Exchange during a record-setting session on April 20, 2026. REUTERS/Brendan McDermid
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