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PropInsider Radar Events Nasdaq Hits Record Highs on Cooler PCE, Iran Ceasefire Talk
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Nasdaq Hits Record Highs on Cooler PCE, Iran Ceasefire Talk

Event Date: Jun 1, 2026

Analysis Summary

Nasdaq rose to record highs after the latest Personal Consumption Expenditures report showed cooler-than-expected inflation. Investors also weighed hopes for a ceasefire in Iran, boosting market sentiment. Gains in technology shares led the advance as traders assessed the potential impact of softer price pressures and easing geopolitical tensions on economic growth and corporate earnings. Click below to learn more

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