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HomeMarket NewsUS Stock Market Live Updates: Dow up more than 350 pts as ceasefire extension lifts mood; Nasdaq hits fresh high
Wall Street looked set for a firm opening on Wednesday, with stocks rising in early trade as US President Donald Trump extended the ceasefire with Iran. US equities moved higher shortly after the open, with the S&P 500 gaining 0.7% and the Nasdaq Composite advancing 0.8%, while the Dow Jones Industrial Average climbed 385 points, or 0.8%.
US Stock Market Live Updates: Wall Street looked set for a firm opening on Wednesday, with stocks rising in early trade as US President Donald Trump extended the ceasefire with Iran, offering investors a breather amid lingering geopolitical tensions and a busy earnings slate.
US equities moved higher shortly after the open, with the S&P 500 gaining 0.7% and the Nasdaq Composite advancing 0.8%, while the Dow Jones Industrial Average climbed 385 points, or 0.8%.
Futures had already signalled the positive start, with contracts tied to the Dow Jones Industrial Average, S&P 500 and Nasdaq all inching higher in the premarket, pointing to a rebound after the previous session’s losses.
The upside comes even as the broader narrative around the US-Iran conflict remains fragile. Trump’s decision to prolong the truce, citing a “seriously fractured” Iranian government, has bought time, but uncertainty persists after peace talks stalled. US officials have reportedly paused diplomatic efforts, while Tehran has dismissed negotiations as unproductive, keeping markets on edge.
