US stocksměi gǔ美股to set (a record)chuàng创historicallìshǐ历史new high / recordxīn gāo新高，US-Iranměi yī美伊peace talks / negotiationshétán和谈progressjìnzhǎn进展to boost / to lifttízhèn提振marketshìchǎng市场confidencexìnxīn信心。
May 7, 2026 at 9:00 AM
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BusinessUS Stocks Hit Record Highs as US and Iran Near Peace Deal
US stocks surged on May 6 with the S&P 500 and Nasdaq both closing at record highs, driven by reports that the US and Iran were nearing a peace deal framework.
On May 6th, the US stock market surged sharply. The S&P 500 rose 1.46%, closing at 7,365 points. The Nasdaq rose 2.02%, closing at 25,838 points. Both indexes set new record highs.
The market surge was driven by new progress in US-Iran peace talks. Oil prices fell by 7%. Airlines and cruise ship stocks also surged significantly.
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