Wall Street indexes climbed as falling oil prices and Iran’s review of a U.S. proposal offered hope for de-escalation in the Middle East conflict. Despite mixed messages from Iran, investor sentiment improved, leading to gains across major indices. Energy stocks lagged, while materials and consumer discretionary sectors saw strong performance.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.