The S&P 500 Index ($SPX) (SPY) today is up +0.36%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.391%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.63%. June E-mini S&P futures (ESM26) are up +0.37%, and June E-mini Nasdaq futures (NQM26) are up +0.67%.
Stock indexes are mostly higher today, with the S&P 500 posting a 2-month high and the Nasdaq 100 posting a 2.5-month high. Optimism around a potential peace deal in the Middle East is supporting stocks. The AP reported today that the US and Iran reached an "in-principle agreement" to extend the ceasefire to allow for more diplomacy. President Trump on Tuesday said peace talks with Iran could restart “over the next two days,” and extending a ceasefire that expires next week may not be necessary as the war is “close to over.”
