US stocks rise to record highs as optimism over a potential end to the Iran
conflict boosted risk appetite, with the S&P 500 closing above 7,000 for the
first time and the Nasdaq hitting a new record above 24,000. The rally was led
by megacap tech, while the Dow slipped slightly. Gains reflected expectations
that US-Iran talks could ease geopolitical tensions and extend the market
recovery that has erased much of the war-related losses, with attention now
shifting to upcoming earnings from major banks and tech names.
