Stocks Hit Record High on Israel Cease-Fire Deal: Markets Wrap
- S&P 500 up for seventh straight day to extend November rally
- Wall Street’s favorite volatility gauge — the VIX — tumbles
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Stocks closed at all-time highs as investors looked past Donald Trump’s tariff plan, with geopolitical risks abating after Israel and Hezbollah reached a cease-fire agreement.
Equities extended gains into a seventh straight session, with the S&P 500 notching its 52nd record this year. Shortly after oil futures settled, the US said Israel and the Lebanese militant group had reached a deal. In late hours, Dell Technologies Inc. reported worse-than-expected sales, while HP Inc. and CrowdStrike Holdings Inc. gave lackluster outlooks.