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Pre-Market Report – Thursday 16 April: US markets hit records on peace hopes - Tech leads - SPI down 3 - Gold eases

Published 1 month ago
Description

The S&P 500 and Nasdaq Composite rose to new all-time highs on Wednesday, building on the week’s strong gains as investors remained hopeful about the Iran war potentially ending soon.

The broad market index gained 0.80%, ending at 7,022.95. The Nasdaq Composite advanced 1.59% to 24,016.02, while the Dow Jones Industrial Average shed 72.27 points, or 0.15%, to close at 48,463.72. Both the Nasdaq and the S&P 500 closed at records, with the tech-heavy index posting an 11th day win streak and the broad market benchmark notching its 10th positive session out of 11.

SPI down 3 - Quarterlies in focus - Gold eases - Give peace a chance!

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