S&P 500, Nasdaq end at record highs on hopes for US-Iran peace deal

Wall Street stocks jump, extending a global rally and lifting major indices to fresh records as oil prices tumbled amid hopes for a US-Iran peace deal.

The broad-based S&P 500 rises 1.5 percent to 7,364.99, a second straight all-time high, while the tech-rich Nasdaq Composite Index surges 2.0 percent to 25,838.94, also a second record in a row.

The Dow Jones Industrial Average rises 1.2 percent to 49,910.04.

 

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