S&P 500 Back to Pre-War Levels

2026-04-14 20:16 By Joana Taborda 1 min. read

US stocks closed higher for a 2nd consecutive session on Tuesday, with the S&P 500 rising 1.2% to 6,967, its highest level since February 2nd.

The Dow Jones gained 318 points and the Nasdaq advanced 2%.

Investor sentiment was buoyed by growing optimism that the US and Iran could soon resume talks, raising hopes for a potential agreement to end the conflict and reopen the Strait of Hormuz.

Communication services and consumer discretionary stocks led the gains while energy lagged amid a decline in oil prices.

Meanwhile, several major banks continued to report their quarterly results.

JPMorgan fell 0.7% after revising down its net interest income guidance, while Wells Fargo tumbled 5.7% following disappointing results.

J&J rebounded to closed 0.9% higher, after raising its 2026 revenue outlook.

BlackRock (+3%) and Citigroup (+2.6%) were also higher on strong earnings, while American Airlines jumped 8% after reports that United Airlines CEO Scott Kirby proposed a potential merger



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US stocks closed higher for a 2nd consecutive session on Tuesday, with the S&P 500 rising 1.2% to 6,967, its highest level since February 2nd. The Dow Jones gained 318 points and the Nasdaq advanced 2%. Investor sentiment was buoyed by growing optimism that the US and Iran could soon resume talks, raising hopes for a potential agreement to end the conflict and reopen the Strait of Hormuz. Communication services and consumer discretionary stocks led the gains while energy lagged amid a decline in oil prices. Meanwhile, several major banks continued to report their quarterly results. JPMorgan fell 0.7% after revising down its net interest income guidance, while Wells Fargo tumbled 5.7% following disappointing results. J&J rebounded to closed 0.9% higher, after raising its 2026 revenue outlook. BlackRock (+3%) and Citigroup (+2.6%) were also higher on strong earnings, while American Airlines jumped 8% after reports that United Airlines CEO Scott Kirby proposed a potential merger
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