US Stocks Soar, Iran Peace Talks Boost Market

0:00U.S. stocks kept climbing today, with the S&P 500 up 0.3% for its 11th gain in 12 days, right after topping that. January peak. The Dow added 115 points or 0.2%, while the Nasdaq rose 0.4%. This surge has stocks of over 10% since late March lows, riding high on hopes for de-escalating the Iran conflict. Pakistan's army chief linked up with Iran's parliament speaker to push for extending the ceasefire that's held off seven weeks of fighting. Corporate earnings gave the market extra juice, beating expectations left and right. Pepsi co-jumped 2.3% on stronger snack sales after price cuts on chips like Lays and Doritos. J.B. Hunt spent 6.3% higher, Martian McClendon climbed 4.4, and TSMC fueled tech gains with solid revenue. A few dragged the take though, Abbott fell 6% despite okay results, trimming its full year profit view after buying a cancer screening firm, all birds plunged 35.8%, pulling back

1:02from yesterday's wild 582% spike as its shifts toward AI chip. Rintels. Overseas markets joined the party. Europe's indexes up across the board, Japan's Nikki leaping 2.4%, South Korea's Kospi 2.2, Hong Kong 1.7. China's economy grew 5% in the first quarter, bonds edged higher with the 10-year treasury at 4.31% on fewer jobless, claims, all eyes on peace talks, holding steady. Stay informed with Anchorage News Today, AI-powered updates, I'm Corey with the story.