Summary
The stock market reached new high points on Thursday after making record gains the previous day. Investors are hopeful that the conflict with Iran will be resolved soon, which is helping the market rise.
Key Facts
- Stock prices on Wall Street increased to new levels on Thursday.
- The market had already seen record gains on Wednesday.
- Investors feel positive about a possible quick end to the war involving Iran.
- Optimism about resolving the conflict is boosting confidence in the stock market.
- The information was reported by CBS News MoneyWatch correspondent Kelly O’Grady.