Wall Street opens higher on ceasefire extension relief

U.S. stocks opened higher on April 22, 2026 after President Donald Trump extended a ceasefire with Iran, providing relief to markets despite doubts about whether the truce will hold. The S&P 500 jumped about 0.55% at the open to 7,102.91, the Dow rose roughly 0.25% to 49,271.5, and the Nasdaq climbed about 0.83% to 24,462.31. The move reflects risk-on sentiment from reduced geopolitical tail-risk, though uncertainty remains and could limit follow-through gains.