US stocks rise for second session, Dow Jones adds 275 points

US stocks rose on Thursday, marking a seventh consecutive session of gains, supported by investor optimism over the durability of the fragile two-week ceasefire between the US and Iran.

The Dow Jones Industrial Average rose 0.58%, or 275 points, to 48,185, after posting its best daily performance since April 2025 in the previous session.

The broader S&P 500 gained 0.62%, or 41 points, to 6,824, while the Nasdaq Composite advanced 0.83%, or 187 points, to 22,822.

In Europe, the Stoxx Europe 600 fell 0.15% to 612, weighed down by declines across most major bourses.

The FTSE 100 was little changed at 10,603, while Germany’s DAX dropped 1.14% to 23,806, and France’s CAC 40 declined 0.22% to 8,245.

In Japan, the Nikkei 225 fell 0.73% to 55,895, while the broader Topix index lost 0.90% to 3,741.

Oil prices rose, with Brent June futures up 1.23%, or $1.17, to $95.92 per barrel, after touching $99.50 earlier in the session. US Nymex May futures climbed 3.66%, or $3.46, to $97.87 per barrel, after surpassing $100 during trading.

Gold also advanced, with June futures rising 0.85%, or $40.80, to $4,818 per ounce.

Wall Street was supported by easing oil gains and Israel’s agreement to begin direct talks with Lebanon, following Iran’s accusation that the US had breached the ceasefire amid continued strikes on Lebanese territory.