Meta Platforms, Nvidia to Amazon: Magnificent Seven stocks jump up to 6% as US-Iran ceasefire lifts sentiment
New Delhi, April 8 -- US stocks opened with a sharp gap-up on Wednesday, 8 April, as sentiment improved after the US and Iran reached a temporary ceasefire agreement. All three key indices-the S&P 500, Dow Jones, and Nasdaq-opened with gains of over 2%.
The wave of optimism extended to the high-growth technology sector, particularly the 'Magnificent Seven' stocks, which began the session with strong gains. Meta Platforms rose 6%, Tesla 5.14%, Alphabet 5.5%, Nvidia 4%, Amazon 6.6%, Microsoft 3.5%, and Apple 2%.
Just hours before launching his threatened attacks on Iranian bridges, power plants, and other infrastructure, US President Donald Trump announced a two-week suspension of strikes in exchange for Tehran allowing safe passage throu...
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