If you had woken up today and heard someone say Wall Street’s tech sector rose more than 3 per cent overnight, you would expect it to be promptly followed by “April Fools’ Day”.
But no, US stocks surged overnight, with the Dow Jones Industrial Average leaping 1,125 points on Tuesday.
The benchmark S&P 500 gained 2.9 per cent for its largest gain since May 2025.
Markets are optimistic after news Donald Trump is willing to end the US military campaign against Iran. (Reuters: Brendan McDermid)
The Dow Jones Industrial Average rallied 2.5%, while the Nasdaq composite jumped 3.8 per cent.
Hope began to build on Wall Street about a possible end to the war with Iran.
‘Bullish’ news headlines
The news headlines supported that view.
Indeed, optimism…
