Nasdaq 100 hits record close as Israel-Iran tensions cool

Published 24/06/2025, 21:34
© Reuters.

Investing.com -- The Nasdaq 100 achieved a record high close Tuesday for the first time since February, rising 1.5% to end at 22,190.52 points.

This milestone marks a recovery from significant losses in recent months that were tied to concerns about potential global tariffs under U.S. President Donald Trump.

The index, which comprises 100 of the most valuable non-financial companies listed on the Nasdaq stock exchange, surpassed its previous record close of 22,175.60 set on February 19.

Market sentiment improved as investors responded to a fragile truce between Israel and Iran, helping push the tech-heavy index to new heights.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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