Overview
- U.S. stocks ended higher Thursday in a second day of record closes for the S&P 500 and Nasdaq, extending a tech-led rebound after recent volatility.
- The back-to-back milestones capped a 12-day Nasdaq advance, its longest winning streak since July 2009.
- Momentum built after President Trump announced a 10-day Israel–Lebanon cease-fire and said Iran had offered concessions, while Bloomberg reported a deal could still take about six months.
- Early earnings added crosscurrents as PepsiCo rose after topping forecasts and Abbott sank after cutting its 2026 profit outlook.
- Commodities signaled more risk-taking as oil prices climbed and gold slipped, even as Mexican stock benchmarks fell, underscoring uneven gains across regions.