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Sign InMajor U.S. stock indices closed higher as the S&P 500 and Nasdaq Composite extended their winning streak to a seventh consecutive session. This sustained rally is primarily driven by investor optimism regarding a potential de-escalation in tensions between the U.S. and Iran. Market participants are increasingly betting on a diplomatic resolution rather than further military confrontation, sparking a significant 'peace rally' across equity markets. The removal of geopolitical risk premiums has encouraged a risk-on environment, supporting momentum for large-cap technology and industrial shares. Analysts suggest that the seven-day streak indicates strong underlying market resilience. Investors remain focused on further diplomatic developments to sustain this bullish trend.