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US500 Rebounds as Geopolitical Ceasefire Hopes Outweigh GDP Miss

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • The S&P 500 rose 0.6% following reports of a potential U.S.-Iran ceasefire deal.
  • Despite weaker-than-expected GDP growth and rising mortgage rates, investor optimism regarding geopolitical stability helped the index recover from early morning losses.
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Stored market data

US500 price history

7578.32 +11.24% over the displayed period

Advisor Snapshot

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