Market Report - US Close

US close: Stocks surge as US-Iran tensions ease, corporate earnings impress

By Benjamin Chiou

Date: Wednesday 06 May 2026

(Sharecast News) - US stock markets surged on Thursday on the back of renewed hopes for a peace deal between Washington and Tehran, with falling oil prices and a host of stronger-than-expected blue chip quarterly results boosting sentiment.
The Dow finished 1.2% higher at 49,910.59, briefly topping the 50,000 mark which...

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