The Nasdaq 100 notched a record high close on Tuesday for the first time since February, rebounding from deep losses in recent months related to worries about U.S. President Donald Trump’s global tariffs.

The index, which includes 100 of the most valuable non-financial companies listed on the Nasdaq stock exchange, rose 1.5% to end at 22,190.52 as investors welcomed a fragile truce between Israel and Iran. Its previous record high close was 22,175.60 on February 19.

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(Reporting by Noel Randewich; Editing by Chris Reese)