Dow Jones Today | US Stock Market LIVE Updates: S&P 500 hits record high as hopes of Iran war ending lift markets

Dow Jones Today | US Stock Market LIVE Updates: US equities edged higher on Wednesday (April 15), with major indexes posting modest gains as markets remained close to record territory. The S&P 500 rose 0.2%, while the Nasdaq Composite also advanced 0.2%.

The Dow Jones Industrial Average gained 157 points, or 0.3%. In individual movers, Broadcom climbed 2% during the session. The gains came after Meta Platforms expanded its partnership with Broadcom to use its technology for custom chip development.

Brent erased early losses to rise 1% toward $96 a barrel as the US pressed ahead with a naval blockade of the Strait of Hormuz. Treasuries edged lower, with the two-year yield rising two basis points to 3.76%. The dollar posted modest gains while gold fell toward $4,800 an ounce.

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