S&P 500 Hits Record High, Eyes First Nine-Week Winning Streak Since 2023

According to the sources, U.S. stocks advanced as optimism over easing tensions and possible progress in U.S.-Iran talks boosted investor sentiment and weighed on oil prices. One source said S&P 500 futures rose more than 1% to an all-time high after President Trump asked Iran to join the Abraham Accords, while a later report said the S&P 500 closed at a new record high and is on pace for its first nine-week winning streak since 2023. Another source said Dow futures rose 440 points as hopes for a U.S.-Iran agreement increased, with falling oil prices seen as supporting confidence across sectors. An earlier report also stated that market capitalization had increased by $11.3 trillion since the March 30 bottom, though it did not provide methodology or broader market context.

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