Pre-Market Report – Thursday 7 May: US markets hitting records on peace deal | Oil drops

About this episode

The episode discusses record highs in US markets and a potential peace deal between the U.S. and Iran.

The S&P 500 advanced 1.46% to 7,365.12, while the Nasdaq Composite gained 2.02% and ended at 25,838.94. Both indexes touched new highs and closed at records. The Dow Jones Industrial Average added 612.34 points, or 1.24%, to close at 49,910.59. Axios reported, citing sources, that the U.S. and Iran were getting close to a deal that would bring a resolution to the conflict. According to the report, the agreement would include a moratorium on nuclear enrichment. An Iranian foreign min...

People in this episode

Host: Marcus Today

Topics covered

• US markets
• peace deal
• oil prices
• stock market
• economic updates

Keywords

• S&P 500
• Nasdaq
• Dow Jones
• peace deal
• oil drops
• stock market records
• US economy

Mentioned in this episode

Organizations: S&P 500, Nasdaq Composite, Dow Jones Industrial Average, Axios

Places: U.S., Iran

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