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Stocks Hit Fresh Record as Investors Return to Tech

Wall Street reached all-time record highs on Wednesday as investors priced in growing optimism for a peace deal and rotated aggressively back into technology stocks. The S&P 500 closed at 7,022.81, its first record close since January 27, while the Nasdaq Composite hit 24,016.02, eclipsing its previous October peak. The catalyst was twofold: a major rotation into software stocks — which had lagged for months on AI disruption fears — and diplomatic signals that the US and Iran are considering a two-week ceasefire extension to allow more negotiating time, with mediators working on compromises…

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