S&P 500 and Nasdaq Close at Record Highs on Iran Peace Talk Hopes
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Major U.S. stock indices reached new record highs on Friday, with both the S&P 500 and Nasdaq Composite closing at all-time peaks. The rally was driven by investor optimism about potential renewed peace negotiations between the United States and Iran. The market gains reflected broader investor sentiment that diplomatic progress between the two nations could reduce geopolitical tensions and benefit global economic stability.