News · 16 April 2026
S&P 500 hits record on Iran war hopes
Photo by Maxim Klimashin on Unsplash
Investors are optimistic about reduced global economic risk if tensions in the Iran war begin to calm. Wall Street reached a new record on Wednesday, with the S&P 500 index climbing 0.8% and exceeding its previous high set in January. This follows regional officials reporting an "in principle agreement" between the US and Iran to extend a ceasefire for diplomacy.
Reported by The Manila Times · How we write briefs