Markets rally on Iran progress and solid earnings, with AMD leading
TL;DR Summary
Stocks rose as Trump signaled progress toward a final Iran deal and solid earnings lifted sentiment, with the S&P 500 up 0.81%, Nasdaq up 1.03%, and the Dow up 0.73% in regular trading (all 11 sectors higher; materials and IT led). AMD jumped about 16% on strong Q2 guidance, and futures were higher after-hours as investors digest earnings and geopolitical updates ahead of more reports and the ADP payroll data.
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- Futures Rise; AMD Soars, Trump Hits Hormuz 'Pause' Investor's Business Daily
- Wall St rebounds as oil drops despite Middle East tensions KSL News
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