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S&P 500 Hits Record High on Hopes for Iran Deal: Markets Wrap

S&P 500 Hits Record High on Hopes for Iran Deal: Markets Wrap

(Bloomberg) -- The S&P 500 continued its rally after rising to an all-time high on Wednesday, as a potential peace deal in the Middle East and a strong start to corporate earnings season spurred investor optimism. The benchmark index was up 0.7%, putting it above a late-January record. Bank of America Corp. and Morgan Stanley rose as their equity traders posted strong revenue beats. The tech-heavy Nasdaq 100 was up 1%.The US and Iran are considering extending their ceasefire that ends on Tuesday

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S&P 500 Hits Record High on Hopes for Iran Deal: Markets Wrap