Nasdaq Hits New High as S&P 500 Rises 0.8% on Ceasefire News
Published on · Source: cnbc.com
AI Summary
Summarized by AI from the source belowOn Wednesday, the Nasdaq Composite increased by 1.3%, reaching a new all-time intraday high, while the S&P 500 rose by 0.8% and the Dow Jones Industrial Average advanced by 320 points, or 0.7%. This market response follows President Trump's decision to extend a two-week ceasefire with Iran, citing Iran's unstable government. Earnings reports contributed positively, with Boeing shares up 5% and GE Vernova shares jumping 12% after both companies exceeded revenue expectations. Over 80% of S&P 500 companies reporting so far have surpassed estimates, reinforcing positive market sentiment.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About GE Aerospace (GE)
GE Aerospace designs and services jet engines for commercial and military aircraft, following General Electric’s breakup into focused companies.
The Industrials sector covers manufacturers, aerospace, defense and transport companies tied to economic activity.
Earlier GE news
- GE Vernova (GEV) Q1 2026 Revenue Up 16% Amid $2.4B Orders
- Premarket Stocks: GE Vernova, Vertiv, Best Buy Show Movement
- Terri A. Sewell Sells Stake in GE Healthcare (GEHC) and Tapestry (TPR)
- GE Aerospace (GE) Maintains Full-Year Outlook Amid Earnings Beat
- Apple (AAPL) Stocks Make Big Moves Premarket Amid Market Activity
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