Wall Street ends sharply higher on US-Iran ceasefire
By Stephen Culp and Purvi Agarwal
Wed April 8, 2026
Since the two-week cease-fire agreement was announced nearly 3 hours after the markets closed yesterday, it was quite predictable that the indexes would soar today. And soar they did right out the gate and stayed there all day, the Dow racing up 4-digits to its biggest one-day gain in a year, while the S&P and Nasdaq regained a lot of the ground lost since the start of the war. This jubilation continued despite the hiccups in the cease-fire agreement that occurred throughout the day.