S&P 500 (SPY) Hits 1% Below All-Time High with 1.18% Gain

AI Summary

On Tuesday, the S&P 500 (SPY) rose by 1.18%, nearing its all-time high of 7,002.28 set on January 28. Major U.S. stock indices showed positive movement, with the Nasdaq Composite gaining 1.96% for its 10th consecutive session of gains, while the Dow added 317.74 points or 0.66%. Futures for the S&P 500 and Nasdaq 100 were trading higher, indicating investor optimism. Market movements were influenced by speculation surrounding potential negotiations between the U.S. and Iran, although no official plans were confirmed.