Indian shares extend rally on hopes for US-Iran peace deal - Reuters

<a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxPVmY5WmJ0N0VrdF9jYU1ETFFYQkxUaS1lUWtFNy10Qzg1SFV0NVA3TzVPY3BaRVpVenBESDdxeGhQc1hFdW9yNXhLQTNJdk5UekFfUjNrYXNFbGc4RXU3WnFfTURJMFFFYUJMSktqV0dOSFB1YjBYRjBOTEt5Wk1Xc1MzUGxLTlN3aHQxMXhGN2hhMjVHeldoNXJBSkQ1b1lBaHBmV0JodmRLSnNyajVRUmpNUQ?oc=5" target="_blank">Indian shares extend rally on hopes for US-Iran peace deal</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

U.S. stock markets reached record highs, with the S&P 500 rising 0.8%, driven by optimism that the conflict with Iran may be nearing resolution.

Indian shares opened higher, tracking other Asian markets, after oil prices dropped below $100 a barrel amid expectations for renewed US-Iran peace negotiations.

Asian stocks extended their rally, with technology shares tracking strong gains on Wall Street, while cautious optimism over a potential U.S.-Iran diplomatic breakthrough boosted broader risk sentiment.

Equity markets surged as easing crude oil prices and optimism over renewed US-Iran talks boosted sentiment, lifting benchmark indices to their highest levels in over a month.

U.S. stocks closed at record highs, with the S&P 500 finishing the day up 0.8%, extending a dramatic two-week surge from its late March lows, driven by optimism over a potential peace deal in the Middle East and strong corporate earnings.