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Why US-Iran peace hopes and bank earnings fueled Nasdaq's 1.96% rally — Market Wrap Apr 15
Today's AI insights from 7horns.ai highlight a robust market rebound with the Nasdaq climbing 1.96% and the S&P 500 up 1.18%, driven by easing geopolitical tensions and strong earnings results. Renewed optimism around potential US-Iran peace talks alleviated fears, contributing to lower oil prices and boosting risk appetite. The tech sector led the charge, with Meta soaring 4.41%, Amazon and Nvidia each rising 3.81%, and Google up 3.61%. Meanwhile, banking stocks also gained momentum as BlackRock and Citigroup posted solid earnings, although Wells Fargo declined after missing revenue…
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