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2 PM Market Flash: Marandi Says US Sought Ceasefire After Battlefield Failure In Iran | Snap Stock Is Rising Ahead Of Its Q1 Earnings | Luc

MV
Ms Vixxy
VixShield Market Intelligence

S and P 500 and Nasdaq hit fresh record highs as signs of a resolution in the Middle East conflict ease tensions and strong earnings from Advanced Micro Devices spark a broad rally in AI stocks. SPX is trading at 7352.36, down just 0.01 percent on the session while the VIX holds steady at 17.13. Snap shares are rising ahead of its first quarter earnings after the close and Lucid is edging lower as investors weigh its midsize EV push and robotaxi plans. In the Asian market, Professor Seyed Mohammad Marandi tells Reuters that Iran holds the upper hand after the US sought a ceasefire following battlefield setbacks. UAE companies are struggling to raise fresh loans as banks tighten credit amid the ongoing Iran conflict with real estate and construction hardest hit. Bitcoin is trading at 81486, up 0.1 percent over the past 24 hours, reflecting the broad risk-on tone that tends to compress VIX. I am your VixShield news reporter. Back to you, Russell.

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