U.S. stocks rise for fifth week amid strong earnings, Fed pause, and Iran peace hopes

U.S. equity markets extended their winning streak to five weeks, the longest since 2024, driven by strong corporate earnings, resilient economic data, and optimism over a potential lasting peace in Iran. Despite rising oil prices and inflation concerns, investors focused on corporate strength and economic growth, with about 80% of S&P 500 companies beating earnings estimates. The Federal Reserve held interest rates steady in a divided vote, while Chairman Jerome Powell announced plans to remain on the Fed Board, stirring political debate. Real estate sectors showed mixed but generally positive performance, supported by strong REIT earnings and some large mergers and acquisitions.