Wall Street hits a record as S&P 500 continues its 2-week rally on hopes for an end to the Iran war

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Source: The Manila Times
Published: 2026-04-16 12:32 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Economy & Finance, Financial Markets, World News, Business & Economy, War & Conflict
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Snippet:
NEW YORK — The US stock market hit a record Wednesday after adding to its two-week rally built on hopes the war with Iran won’t create a worst-case scenario for the global economy. Whether Wall Street is correct to have so much hope for peace and whether stocks should be the highest they’ve ever been remains to be seen.
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