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Dow Jones jumps 340 pts as ceasefire, earnings fuel rally

By Invezz April 22, 2026 Bullish
Dow Jones jumps 340 pts as ceasefire, earnings fuel rally
US stocks moved higher on Wednesday, snapping a recent losing streak as investors responded positively to an extended ceasefire between the United States and Iran, while a strong start to earnings season provided additional support. The Nasdaq Composite climbed 1.64%, touching a fresh all-time intraday high, while the S&P 500 advanced about 1% to close at 7,137.90.
US stocks moved higher on Wednesday, snapping a recent losing streak as investors responded positively to an extended ceasefire between the United States and Iran, while a strong start to earnings season provided additional support. The Nasdaq Composite climbed 1.64%, touching a fresh all-time intraday high, while the S&P 500 advanced about 1% to close at 7,137.90.