Major U.S. stock markets began Wednesday’s trading session with gains following President Donald Trump’s announcement extending the temporary ceasefire agreement with Iran on April 22nd. Market optimism was tempered by ongoing concerns about whether both Iran and Israel, a key U.S. ally, will continue to respect the fragile truce.
At the opening bell, the Dow Jones Industrial Average climbed 122.1 points, representing a 0.25% increase to reach 49,271.5. The broader S&P 500 index gained 38.9 points, marking a 0.55% rise to 7,102.91. The technology-heavy Nasdaq Composite showed the strongest performance, jumping 202.3 points or 0.83% to close at 24,462.313.
