S&P 500 Climbs to All-Time Highs; Tesla Jumps Late: Markets Wrap

Earnings to Keep Driving Equities Higher, Schroders Says

Stocks climbed to all-time highs as a slew of strong corporate results and President Donald Trump’s extension of a ceasefire with Iran revived risk appetites after a two-day retreat. Bitcoin rallied.

The S&P 500’s 1% gain extended its advance for the month, set to be the best since 2020. Chipmakers climbed for a 16th straight day, the longest-ever winning streak. Boeing Co. surged on solid first-quarter deliveries. In late hours, Tesla Inc. jumped as earnings beat estimates. Texas Instruments Inc. gave a strong forecast for the current period.