business / news / / CNBC TV18
More than 400 stocks on the S&P 500 ended the session with gains, on a day that saw the index close above both its 50 and 200-Day Moving.
The S&P 500 closed above both its 50 and 200-Day Moving Averages for the session.
KEY POINTS
- Hedge funds covered short positions on indices and ETFs at the fastest pace since 2020.
- The Dow Jones Transportation Index closed at record highs with gains over 3%.
- President Trump's two-week Iran ceasefire announcement triggered a sharp surge in US equities.
COMPANIES
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