Middle East Peace Expectations Boost S&P, Nasdaq to Record Highs
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AI Summary (NQ-processed)
Optimism that the worst of the Middle East conflict is over propelled the S&P 500 and Nasdaq indices to close at record highs for a second consecutive day. This was driven by Israel's agreement to a temporary ceasefire with Lebanon and U.S. President Trump's hint of a potential U.S.-Iran meeting over the weekend. The Dow Jones Industrial Average rose 0.24% to 48578.72 points, the S&P 500 gained 0.26% to 7041.28 points, and the Nasdaq climbed 0.36% to 24102.70 points.
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