Markets Surge on Iran-US Talks, Arm's AI Chip

0:00On March 25, Wall Street's major indexes finished higher Wednesday, with the S&P 500, up half a percent to around 6,500. 92 points, the Nasdaq ahead, three quarters of a percent near 21,932, and the Dow climbing two-thirds of A, percent to 46,430. Falling oil prices drove the gains, spark by reports that Iran is reviewing a U.S. proposal to end the ongoing Middle East war now in its fourth. Week, easing fears over energy disruptions and rising inflation. Iran's foreign minister clarified that while top leaders are looking at the ideas passed through mediators like Pakistan, there's no plan for direct talks with the U.S. and early feedback called the terms two demanding, especially on control of the straight-of-form moves. Traders noted choppy action all day from mixed signals, with frayed nerves pushing volatility higher until oil settled down over 2 percent, energy. Stocks lagged while airlines and cruise lines surged as fuel costs eased.

1:02Chipmaker arm led a tech rally after revealing a new AI data center chip promising billions and sales, space stocks like those tied to SpaceX jumped on, IPO buzz, and inflation worries now mean markets see no federal reserve rate cuts this year, keeping things on edge for now.