Nasdaq ends at record amid lower anxiety at US-Iran conflict

A view of the exterior of the Nasdaq market site in Times Square in the Manhattan borough of New York City. (Reuters)

The Nasdaq surged to a fresh record on Wednesday, joining other US indices in rising amid diminished anxiety over the US-Iran conflict.

A couple of minutes after the closing bell, the tech-rich Nasdaq Composite Index stood at 9,129.24, up 0.7 percent.

The Dow Jones Industrial Average gained 0.6 percent to close at 28,745.47, while the broad-based S&P 500 had added 0.5 percent at 3,253.06.

Last Update: Wednesday, 20 May 2020 KSA 10:05 - GMT 07:05