Nasdaq Extends Winning Streak to 10 days, Its Best Since 2021

U.S. markets pushed higher as the S&P 500 closed within striking distance of its January record and the Nasdaq notched a 10-day winning streak — its longest since 2021 — on strength in tech and consumer discretionary names. Investors cited Iran ceasefire optimism and constructive AI-related data, while softer-than-expected March producer prices and falling Treasury yields encouraged risk-taking. Oil prices plunged (Brent and WTI), relieving inflation fears and supporting equities. Overall tone was risk-on with broad index gains and declining short- and longer-term yields.