Significant profits were made by the basics markers her Wall Street In today’s (24.6.2025) meeting, as investors show optimism for maintaining the fragile truce between Israel and Iran.
Specifically, Wall Street’s Nasdaq 100 index set a new historic record, climbing at 22,190.52 points, up 1.53%, while the wider Nasdaq followed 1.43%, closing at 19,912.53 points.
Industrial Dow Jones closed with 507.24 points or 1.19%, at 43,089.02 points, at the same time that the S&P 500 increased by 1.11%, completing the meeting to 6,092.18 points.
In the energy sector, oil prices fell for a second consecutive day, with the price of crude recording about 15%. This decline supported the aircraft shares, with United Airlines, Frontier and Delta recording an increase of more than 2%.
Significant profits also made technology shares, since Broadcom was 4% and Nvidia rose 2.6%, as investors seemed more willing to take the risk.
The market climate was also shaped by developments in the Middle East, as US President Donald Trump sought to support the truce deal between Israel and Iran, which was implemented on Tuesday morning.
Despite the official ceasefire, tensions remain, with charges of violations. Israel argued that radar near Tehran was hit, while accusing Iran of missile attacks – something Tehran categorically denies.