U.S. BANCORP: OPPENHEIMER RAISES TARGET PRICE TO $73 FROM $71

US equities closed sharply higher, with the Nasdaq rising 1.52% to mark a 13-session winning streak and a fresh record high, while the S&P 500 gained 1.2% to a new high and the Dow advanced 1.79%. Major tech stocks broadly climbed, with Tesla up over 3%, Apple and Broadcom gaining more than 2%, and Nvidia, Alphabet, and Meta each rising over 1%. On the geopolitical front, President Donald Trump said US and Iranian negotiators will likely meet this weekend and could finalize a deal to end the war. A senior administration official also indicated talks are expected Monday in Pakistan, with Trump’s negotiating team on standby.

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