Investors Ignore Middle East Stalemate, US Stocks Close Higher

Key News on US-Iran War

(Central News Agency, New York, 11th, comprehensive foreign wire report) Despite the United States rejecting Iran's conditions for ending the Middle East war, investors seemed to disregard the related news. Wall Street stocks shook off early weakness today to close higher, with the S&P, Nasdaq, and Philadelphia Semiconductor indices all setting new closing records.

The Dow Jones Industrial Average rose 95.31 points or 0.19%, closing at 49704.47 points.

The S&P 500 Index edged up 13.91 points or 0.19%, closing at 7412.84 points.

The Nasdaq Index rose slightly by 27.05 points or 0.10%, closing at 26274.13 points.

The Philadelphia Semiconductor Index surged 305.54 points or 2.59%, closing at 12081.04 points. (Compiled by: Chen Yen-Chun) 1150512

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