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S&P Clinches Longest Winning Streak Since October | Closing Bell
Posted
April 9, 2026
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April 9, 2026
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7:35Now PlayingWatch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Wall Street traders drove stocks higher as oil closed below $100 after Israel agreed to direct talks with Lebanon, bolstering expectations that a US ceasefire deal will hold.
Equities extended gains into a seventh straight day, with the S&P 500 notching its longest winning run since October. That’s despite a selloff in software shares. US crude settled near $98 on hopes for a de-escalation in strikes that have prompted Iran to keep the Strait of Hormuz largely blocked.
President Donald Trump said he was “very optimistic” about a deal with Iran, though issues such as Israel’s offensive in Lebanon and the opening of Hormuz remain unresolved.
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