Investors drew some reassurance from a report that indicated the U.S., Iran and a group of regional mediators continued to discuss terms of a potential ceasefire. All three major U.S. indexes advanced slightly, with the S&P 500 and the Nasdaq on track for the fourth consecutive day of gains, their longest winning streaks since January. Of the 11 major sectors in the S&P 500, communication services notched the largest percentage gains, while utilities were the biggest laggards. On the Nasdaq, 2,918 stocks rose and 1,788 fell as advancing issues outnumbered decliners by a 1.63-to-1 ratio. The S&P 500 posted seven new 52-week highs and two new lows while the Nasdaq Composite recorded 61 new highs and 70 new lows.

Source: The Star April 07, 2026 00:29 UTC