AI Boom Lifts Wall Street as War Risks Fade, S&P 500 and Nasdaq Hit Highs

U.S. stocks continued to rise despite growing uncertainty over how the Iran war will end, supported by strong enthusiasm for artificial intelligence. War fatigue and geopolitical risks remained a burden for markets, but expectations tied to AI helped sustain investor sentiment, sending the S&P 500 and Nasdaq to record highs. Concerns over a wider conflict also eased after former President Trump said the “ceasefire is holding.” Investors appeared to react more strongly to expectations for AI growth than to war-related risks. Still, uncertainty over the end of the Iran war remains, leaving future market direction dependent on whether the ceasefire holds and whether AI-driven investment momentum continues. Source: mk.co.kr.