Stocks were choppy Friday as market participants awaited updates on negotiations with Iran. A continued rally in tech stocks kept the price action positive into the close, with all three main equity indexes ending the week at new all-time highs.
Following news on Thursday that the U.S. and Iran agreed to extend their ceasefire for 60 days, President Donald Trump on Friday said via a Truth Social post that he is making "a final determination" on a Middle East peace plan. According to Trump, Iran must agree to "never have a Nuclear Weapon or bomb" and to reopen the Strait of Hormuz "immediately."
