Dow Surges 300 Points, S&P 500 and Nasdaq Head for Record Amid Fresh Iran Hope

Stocks looked set to extend their record-breaking run on Wednesday as investors hoped the U.S. and Iran may finally be nearing a peace deal that would end the war in the Middle East. S&P 500 futures added 0.6%, and contracts tied to the tech-heavy Nasdaq 100 jumped 1.2%. The S&P 500 and Nasdaq both closed at record highs on Tuesday, and they were on track for further records as Wall Street bet that Iran and the U.S. weren’t far from striking a peace deal.