Overview
President Trump announced a temporary ceasefire between Israel and Lebanon, confirming positive negotiations with Iran. Expectations for a peace deal increased as Iran appeared likely to agree to halt nuclear weapons development. This led to the S&P 500 rising by 0.3% and the Nasdaq by 0.5%, both reaching new record highs.
| Nasdaq Composite(QQQ) | S&P 500 |
| Dow Jones Industrial Average | 1 South Korean won equals |
A Major News Story
- TSMC led a strong rally in tech stocks with optimistic sales forecasts, driven by AI semiconductor demand.
- Netflix's stock plunged 8% in after-hours trading despite steady revenue forecasts for 2026, due to news of co-founder Reed Hastings' departure.
- Weekly jobless claims decreased to 207,000, supporting market stability, although March industrial production fell 0.5%, missing projections.
Tomorrow's Economic Indicators
| Time | Event |
|---|---|
| 01:15 | Federal Reserve Chair Powell Hearing |
| 08:00 | U.S. Baker Hughes Total Rig Count |
A General Opinion
Experts like Louis Navellier note that the upward market trend remains clear, with the recent rise driven more by short covering and position adjustments than new investment flows, despite volatile reactions to both positive and neutral news.
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