Dow, Nasdaq Move Higher As Stocks Rebound From Recent Losses

U.S. stocks climbed higher on Wednesday, recovering from previous session’s decline, and the major averages all were up firmly in positive territory a little past noon.

Despite some uncertainty surrounding the US-Iran peace deal amid disagreements between the two nations over a few key terms of the pact, the mood on Wall Street remained fairly positive.

Shares of tech firms, which suffered losses in recent sessions amid concerns over increase expenditure on AI infrastructure, moved higher today. Investors awaited earnings update from Micron.