Major U.S. stock exchanges started Wednesday’s trading session with gains after news emerged that Iranian officials have quietly initiated contact with American representatives about possible negotiations to resolve ongoing conflicts.
Investor confidence also received a boost from President Donald Trump’s commitments to ensure stability in oil markets, contributing to the upward momentum across trading floors.
The Dow Jones Industrial Average climbed 134.33 points, representing a 0.28% increase to reach 48,629.08. Meanwhile, the S&P 500 gained 15.1 points or 0.22% to open at 6,831.69. The technology-heavy Nasdaq Composite showed the strongest performance, jumping 104.2 points or 0.46% to 22,620.89 when markets opened.
