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<US> Renewed Hopes for End of US-Iran War as DJIA Surges Over 600 Points, Nasdaq Leads with 2% Gain
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The Wall Street Journal reported that US President Donald Trump indicated to aides that he is willing to end military hostilities in the Middle East even if the Strait of Hormuz remains closed. Investors are once again hopeful that the US-Iran war may soon come to an end. US stocks turned upward on Tuesday, with early gains expanding. The Nasdaq rose 390 points or 1.9%, the S&P 500 increased by 90 points or 1.6%, and the DJIA climbed 600 points or 1.4%. Tech stocks, which have been under pressure since the outbreak of the Iran conflict, generally rose. The Technology Select Sector SPDR Fund (XLK.US) increased by over 1%. NVIDIA (NVDA.US) plans to invest USD2 billion in Marvell (MRVL.US), with Marvell's stock rising 7% and NVIDIA up 1%. Microsoft (MSFT.US) rose 2%. (me/s) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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