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S&P 500, Nasdaq open higher as investors weigh report of fresh US-Iran peace deal

[NEW YORK] The S&P 500 and the Nasdaq opened higher on Tuesday (Aug 11) as investors welcomed a report suggesting the US...

The S&P 500 and the Nasdaq both opened higher on Tuesday, Aug 11, as investors reacted positively to reports indicating progress in US-Iran negotiations aimed at ending a six-month period of conflict. Despite this optimistic start, the Dow Jones Industrial Average saw a slight decline, opening 14.4 points, or 0.03 percent, at 53,961.6.

However, the S&P 500 managed to rise by 14.4 points, or 0.19 percent, reaching 7,767.51 at the opening bell. The Nasdaq Composite experienced a more significant gain, increasing by 66.8 points, or 0.25 percent, to 26,672.175.

Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at businesstimes.com.sg →

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