Nasdaq, S&P 500 indices hit record highs

By Sevgi Ceren Gokkoyun

The S&P 500 and Nasdaq indexes, which recovered after the sharp losses they saw following President Donald Trump's announcement of reciprocal tariffs, reached all-time highs.

Indexes compensated for these losses after tariff delays and announced trade agreements.

The S&P 500 index rose 0.56% to 6,175.35 points as of 1410GMT, while the Nasdaq index rose 0.57% to 20,282.97 points.

Previously, the Nasdaq index hit a closing record of 20,173.89 points in December last year, while the S&P 500 index saw its highest closing value of 6,144.15 points in February this year.

The S&P 500 index fell as low as 4,835.04 points in early April after Trump's tariff announcements, while the Nasdaq index fell as low as 14,784.03 points.

The markets received good news about the US trade agreements, and White House Spokesperson Karoline Leavitt stated that the deadline is not critical in the 90-day tariff postponement that Trump granted to trading partners.