& DESPITE THE DOOM & GLOOM SOCIAL MEDIA POSTS - S&P EXTENDS LONGEST WEEKLY WINNING STREAK SINCE LATE 2024

Stocks’ stellar war-defying run continued on Friday. The S&P 500 and Nasdaq closed at fresh records after Iran handed Washington a new proposal for ending the war, offering hints of compromise. The two sides remain far apart, The Wall Street Journal reported, but investors nonetheless took it as an encouraging sign, sending Brent crude oil futures down 2% to $108.17 a barrel. MORE AT S&P 500 extends longest weekly winning streak since late 2024