US stocks gained following reports of a tentative agreement between US and Iran on an MoU for a 60-day ceasefire extension - Newsquawk Daily Asia-Pac Market Open

US stocks today: S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire

The S&P 500 and Nasdaq hit record closing highs as hopes of a US Iran ceasefire extension boosted sentiment. Investors also digested US inflation rising to a three-year high and weaker GDP revision. AI and tech stocks…