business / news / / CNBC TV18
The Nasdaq Composite surged 1.6% to close at an all-time high.
US President Trump extended the US-Iran ceasefire by two weeks, easing immediate geopolitical concerns.
KEY POINTS
- Iran’s navy seized two container ships in the Strait of Hormuz despite the truce extension.
- Brent crude briefly surpassed $100 per barrel due to ongoing tensions and potential supply disruptions.
- Over 80% of S&P 500 companies reporting so far have beaten earnings estimates, boosting investor confidence.
- Boeing and GE Vernova shares surged after both exceeded earnings expectations for the first quarter.
COMPANIES
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