U.S. stocks broadly strengthen: Optimism about US-Iran talks boosts risk appetite, with the Nasdaq hitting a ten-day winning streak and setting a record.



Last night and this morning, influenced by optimistic expectations that new dialogue negotiations between the US and Iran may begin, Middle East geopolitical risks eased, and funds flowed into risk assets. The three major U.S. stock indices surged strongly. The S&P 500 approached its all-time high, with the Nasdaq leading the gains.

At the close of the U.S. stock market today, the three major indices performed notably: the S&P 500 rose 1.18%, nearing its highest point; the Nasdaq Composite led with a 1.96% increase, closing at 23,639.08 points, achieving a ten-day winning streak, setting a new record, with the technology growth sector as the core driver; the Dow Jones Industrial Average gained 0.66%, with blue-chip stocks following the overall market trend.

The recent rise in U.S. stocks is primarily driven by the alleviation of geopolitical risks, which restored market sentiment. Expectations of US-Iran talks eased investor concerns, international oil prices fell, reducing inflation and corporate cost pressures. Coupled with confidence in a soft landing for the U.S. economy, these factors propelled U.S. stocks higher.
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