Microsoft Shares Advance 2% as Nasdaq Gains on Iran War Hopes
US stocks surged on hopes for an end to the Iran conflict, boosting the Nasdaq Composite by nearly 2% and lifting Microsoft shares about 2% alongside a 2% gain in the Technology Select Sector SPDR Fund. Energy prices held high with Brent near $117 per barrel.
1. Geopolitical Signals Drive Broad Market Gains
President Trump signaled willingness to end the military campaign with Iran even if strategic waterways remain restricted, fueling optimism that drove the Dow 1% higher, the S&P 500 up 1.5%, and the Nasdaq Composite gains of nearly 2%.
2. Microsoft Stock Rises in Tech Rally
Megacap technology names led the rally as the Technology Select Sector SPDR Fund climbed 2%, Nvidia added 1%, and Microsoft shares advanced about 2%, reflecting strong investor appetite for growth stocks on easing geopolitical tensions.
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