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May 7 (Reuters) - S&P 500 and Nasdaq futures hovered near all-time highs on Thursday as oil prices retreated further on hopes of a U.S.-Iran peace deal that could potentially normalize crude supplies

The lead of one of the most profitable hedge funds on Wall Street leveled with investors about rising prices.

The prices of Bitcoin and other digital assets were sliding on Thursday, even as stocks looked set to extend their record-breaking rally on hopes that the U.S. and Iran could agree a peace deal soon. Bitcoin was down 0.6% over the past 24 hours to $81,453. The world’s largest cryptocurrency is down 7% for the year and is trading 55% below the record high it hit in October.

Stocks were on track to rise again Thursday, as the twin catalysts of artificial intelligence earnings and a potential peace deal between the U.S. and Iran continued to lift the market. S&P 500 futures added 0.1% and contracts tied to the tech-heavy Nasdaq 100 were 0.2% higher. The S&P and the Nasdaq both closed at record highs the previous session, while the Dow exited correction territory.

(Updates with response from the White House in the seventh paragraph.) The US and Iran are close

A look at the day ahead in European and global markets from Ankur Banerjee Japan's Nikkei returned from holiday and jumped onto the scorching AI rally, joining South Korea and Taiwan equities at

Japan's Nikkei 225 tops 62,000 first time as major tech, materials stocks post double-digit gains in broad rally.

The Dow Jones Industrial Average finally joined the Nasdaq Composite and S&P 500 in exiting correction territory, but it ended the day just short of a major milestone. The Dow rose 612 points, or 1.2% after briefly crossing the symbolic 50,000 level. The S&P 500 ended up 1.5% while the Nasdaq jumped 2%.

Nice's Q1 report wasn't what investors were hoping for.

Major gauges held steady as markets adjusted to the potential of peace in Iran.

On May 6, 2026, investors weighed Joby’s cash runway, FAA progress, and New York test flights against its mounting losses.

Sigma Lithium Corporation (SGML) concluded the recent trading session at $22.85, signifying a +1.42% move from its prior day's close.

In the closing of the recent trading day, Samsara Inc. (IOT) stood at $28.92, denoting a -5.02% move from the preceding trading day.

Keel’s rally followed new analyst coverage focused on its shift from bitcoin mining toward power-backed AI/HPC infrastructure, with the next test centered on turning North American sites into leased data center revenue.

The S&P 500 and Nasdaq hit new highs on Iran deal hopes. Nvidia leads new buys with Arm a big earnings mover late.

The latest trading day saw Hasbro (HAS) settling at $97.53, representing a +2.92% change from its previous close.

AI-fueled earnings from chipmakers and easing tensions in the Middle East helped power fresh U.S. stock records, today, May 6, 2026.

Today, May 6, 2026, investors weigh surging AI data center demand against fresh guidance, margin recovery, and past troubles.

AMD’s data center revenue jumped 57%, giving investors hard evidence of demand for server CPUs and AI accelerators as the company guided for another strong quarter.

Today, May 6, 2026, investors are weighing surging sales against fresh losses, margin pressure, and fallout from a massive data breach.

The Nasdaq Composite and the S&P 500 climbed to new peaks and oil prices tumbled on Wednesday follow

US equity indexes jumped while crude oil futures sank on Wednesday amid a growing likelihood of Iran

Oil prices sank, and stock markets burst higher worldwide with hopes that a deal is nearing to allow tankers to deliver crude from the Persian Gulf again. The price for a barrel of Brent fell below $102 Wednesday. On Wall Street, the S&P 500 climbed 1.5% and reached another record.

US equity indexes ended higher on Wednesday, with the S&P 500 and the Nasdaq Composite reaching new

The Nasdaq and S&P 500 hit fresh records on Wednesday, but the Dow exited correction territory. The tech-heavy index rose 2%. The S&P 500 rose 1.5%. Both topped their prior closing highs on Tuesday. The Dow rose 612 points, or 1.

US equity indexes jumped ahead of Wednesday's close, with the S&P 500 and the Nasdaq Composite break

The tech-heavy index was up another 1.8% on Wednesday, bringing its month-to-date gain to 3.5%. The index is now on pace for its best four-day start to a month since November 2024. The tech-heavy index was also on pace for a closing high after setting an intraday record of 25,777.38.

Stocks Climb, Oil Tumbles on Rising Expectations of Iran Deal