The Nasdaq Composite has recorded its longest daily gain streak since 2021, fueled by hopes of a peace agreement. Investors are pivoting toward growth assets as the prospect of reopening the Strait of Hormuz lowers energy risks.
- Nasdaq's longest winning streak since Nov 2021
- Index climbed 14% over 10 sessions
- Peace deal prospects for Strait of Hormuz driving sentiment
- Oil price retreat impacting energy-heavy Dow components
- Dow Jones gained 0.7% on Tuesday
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