US Stock ETF Rises Late as Trump Extends Ceasefire: Markets Wrap

WATCH: The “fundamentals remain intact” in spite of the geopolitical uncertainty, says JPMorgan Private Bank Global Investment Strategist Madison Faller.Source: Bloomberg

A giant exchange-traded fund tracking US stocks climbed in late hours after President Donald Trump said he’s extending the ceasefire deal with Iran until talks conclude.

The roughly $720 billion ETF tracking the S&P 500 rose after notching a second straight loss in regular trading amid news reports that Iranian officials refused to attend negotiations and Vice President JD Vance put off a planned trip to Pakistan. Brent traded below $100 after its settlement. Bond yields and the dollar rose.