Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading higher on Tuesday as officials from the U.S. and Iran prepare to meet for a second round of peace talks in Islamabad.
Claim 30% Off TipRanks
New trading tool for QQQ bullsPresident Trump indicated that the two-week ceasefire, set to end this evening, will actually expire on Wednesday evening. He also told PBS News that “lots of bombs start going off” if the ceasefire expires and emphasized that the U.S. is in no hurry to reach a deal.
Tech Stocks Continue Uptrend ahead of U.S.-Iran Talks
Vice President J.D. Vance is scheduled to depart for Islamabad today and is expected to arrive on Wednesday morning. Iranian Parliament Speaker Mohammad Bagher Qalibaf is set to arrive around the same time.
Elsewhere, tech stocks continue to carry the market higher. Within tech, software has shown relative strength, led by Salesforce (CRM), ServiceNow (NOW), CrowdStrike (CRWD), and Palo Alto Networks (PANW).