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Tech stocks lift Nasdaq and S&P 500 to record highs as Bitcoin nears $75K amid US-Iran peace hopes.

Market News
16 Apr 2026
Cointelegraph
View Source
Bullish
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Tech stocks propelled the Nasdaq to a record 24,016 and the S&P 500 to a new high of 7,022, driven by optimism over a potential de-escalation of the US-Iran conflict. Bitcoin also surged, reaching $75,229, marking nearly a 10% increase over two weeks. Positive sentiment was fueled by US President Donald Trump's comments suggesting the war is close to ending, which boosted investor confidence. Analysts expect further gains led by crypto assets and major tech stocks as investors monitor geopolitical developments.

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