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International Business Times
International Business Times
Business
Demian Bio

S&P 500, Nasdaq Composite Reach Record-High On Hopes End Of Iran War is Near

Iran Donald Trump

The S&P 500 and Nasdaq Composite reached a new record on Wednesday, extending gains seen throughout the week on investors' hopes that an end to the war in Iran could be near.

Concretely, the index closed the session 0.8 percent higher and broke the 7,000 mark. It has now posted gains in 10 out of the past 11 trading days. The Nasdaq Composite climbed by almost 1.6 percent and broke the 24,000 mark.

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