New York, May 6, 2026 (AFP) - S&P 500, Nasdaq end at records on hopes for US-Iran peace deal

NAMPA / AFP

2026-05-06

Wall Street stocks jumped Wednesday, extending a global rally and lifting major indices to fresh records as oil prices tumbled amid hopes for a US-Iran peace deal. The broad-based S&P 500 rose 1.5 percent to 7,364.99, a second straight all-time high, while the tech-rich Nasdaq Composite Index surged 2.0 percent to 25,838.94, also a second record in a row. The Dow Jones Industrial Average rose 1.2 percent to 49,910.04. jmb/bgs ...

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