The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.42%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.33%. September E-mini S&P futures (ESU26) rose +0.43%, and September E-mini Nasdaq futures (NQU26) rose +0.35%.
Stock indexes settled higher on Friday, with the S&P 500 posting a 5-week high. Stocks turned higher on Friday after crude prices whipsawed lower when President Trump said US officials told Iran that the ceasefire is “over,” but the US would continue peace talks with Iran. Easing geopolitical tensions also boosted stocks, following an American official who said talks between the US and Iran over a permanent peace deal are continuing, as the US remains committed to a diplomatic solution with Iran.
