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Stock market on April 27: S&P 500 and NASDAQ hit fresh highs
Yesterday, equity indices closed mixed. The
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Yesterday, equity indices closed mixed. The S&P 500 rose by 0.80%, while the Nasdaq 100 jumped by 1.63%. The Dow Jones Industrial Average fell by 0.16%. After reports that Iran offered the United States to reopen the Strait of Hormuz, equity futures rallied, and oil prices eased, reducing concerns about the stalled process of resuming peace talks. The MSCI Asia-Pacific index rose by 1.7%. Brent crude eased to $106.50 per barrel, off about 1% after earlier intraday gains of roughly 2.5%.
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