Wall Street’s S&P 500 approached a record high following a ceasefire announcement regarding Israel and Iran, coupled with Federal Reserve Chair Jerome Powell’s cautious stance on interest rate cuts. Financial and technology sectors led the market rally, while energy stocks declined due to falling crude prices. Investors are also closely monitoring upcoming speeches from several central bank officials.
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S&P 500, Nasdaq near record highs, Dow Jones soars 500 points on Israel-Iran ceasefire hopes
