The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.37%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.58%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.42%. June E-mini S&P futures (ESM26) rose +0.35%, and June E-mini Nasdaq futures (NQM26) rose +0.42%.
Stock indexes settled higher on Friday, with the S&P 500 and Nasdaq 100 posting 1-week highs, and the Dow Jones Industrials posting a new all-time high. Stocks were supported by hopes that the US and Iran are moving closer to a peace deal. Also, chipmakers and AI-infrastructure stocks rallied amid the unrelenting enthusiasm for artificial intelligence. In addition, Workday rose by more than +5% to lead software stocks higher after reporting better-than-expected Q1 results and offering a positive outlook.
