S&P 500, Nasdaq Approach Record High as Middle East Tensions Ease
A man walks past a Wall Street marking outside the New York Stock Exchange (NYSE) building in New York City, U.S., March 11, 2025. (Reuters File)
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Wall Street’s S&P 500 and Nasdaq indexes rose on Wednesday, hovering near a record peak, as a ceasefire between Israel and Iran appeared to be holding and investors awaited more comments from Federal Reserve Chair Jerome Powell.
The Dow Jones Industrial Average rose 41.3 points, or 0.10%, at the open to 43,130.33. The S&P 500 rose 12.0 points, or 0.20%, at the open to 6,104.23, while the Nasdaq Composite rose 101.4 points, or 0.51%, to 20,013.947 at the opening bell.
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(Reporting by Nikhil Sharma; Editing by Devika Syamnath)
