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Introduction to Futures Trading
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CandyDrop
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U.S. stocks closed higher across the board on Friday, with the Nasdaq and S&P 500 reaching new all-time highs, and all three major indices recording gains for the week.
The situation in the Middle East has significantly eased, with Israel and Lebanon agreeing to a ceasefire, Iran announcing the complete opening of the Strait of Hormuz, and the U.S. considering restarting negotiations with Iran. Risk aversion sentiment has cooled, and international oil prices have plummeted.
As of the close:
- The Dow Jones Industrial Average rose 868.71 points, or 1.79%, to 49,447.43 points
- The Nasdaq rose 365.78 points, or 1.52%, to 24,468.48 points
- The S&P 500 rose 84.78 points, or 1.20%, to 7,126.06 points