In overnight trading on April 14, U.S. stocks closed broadly higher. The Dow rose 301.68 points, or 0.63%, to 48,218.25. The S&P 500 gained 1.02% to 6,886.24, and the Nasdaq Composite added 1.23% to 23,183.74. Technology stocks led the rally: Oracle surged 12.7% on better-than-expected cloud revenue, SanDisk jumped 8.5%, with a year-to-date gain of over 300%, and the semiconductor index rose 1.8% to break above 9,000 points.
The strength in U.S. stocks was driven by positive signals from U.S.-Iran negotiations. Former President Trump stated that “Iran called wanting to reach an agreement,” fueling hopes for de-escalation in the Middle East and easing safe-haven demand. Major European indexes traded mixed: Germany’s DAX fell 0.15%, while France’s CAC 40 rose 0.2%, with markets awaiting a speech by ECB President Lagarde for hints of a June rate cut. In Asia, Japan’s Nikkei 225 rose 1.1%, South Korea’s Kospi gained 0.8%, Hong Kong stocks opened 0.5% higher, and A-shares traded sideways with mild northbound capital inflows.
Commodities were mixed. Gold futures edged down 0.43% to $4,766.6 per ounce as safe-haven demand faded, and silver dropped 0.97% to $75.74. Cryptocurrencies strengthened, with Bitcoin breaking above $74,000, up 5.01% on the day, and Ethereum rising 5.05%. Global markets are now focused on the progress of U.S.-Iran talks. A successful negotiation by April 16 could trigger further corrections in oil prices and safe-haven assets, while a breakdown would reignite geopolitical risks and spark renewed volatility worldwide.