<div id="readability-page-1"><p>Both the S&amp;P 500 ETF (SPY) and the Nasdaq 100 ETF (QQQ) reached new record highs on Tuesday with tech stocks continuing to drive the rally.</p><h3>Claim 55% Off TipRanks</h3>New trading tool for QQQ bulls <h2><strong>News That Moved the Stock Market Today</strong></h2> <ul> <li>Both Defense Secretary Peter Hegseth and Joint Chiefs Chair Gen. Dan Caine confirmed that the U.S.-Iran ceasefire is still in place, despite repeated acts of aggression from Iran. Restarting the war is &#34;a political decision above my pay grade,&#34; said Caine.</li> <li>Since the ceasefire began on April 8, Iran has carried out attacks on 10 U.S. targets, fired at commercial vessels nine times, and seized two container ships.</li> <li>Brent crude (BZ), the international benchmark for oil, fell 4%, although it still remains at multi-year highs.</li> <li>The U.S. trade deficit was $60.3 billion in March compared to the consensus analyst estimate of $61 billion. Exports rose 2%, driven by a $4.5 billion rise in exports of oil and other petroleum products. Imports increased by 2.3%.</li> <li>The U.S. hiring rate was 3.5% in March, the highest level since May 2024 and recovering from 3.1% in February.</li> <li>Intel (INTC) surged to a new all-time high following a report that Apple (AAPL) is considering using the company's chips for its U.S. devices.</li> <li>SanDisk (SNDK) rallied to a new record high as well amid continued demand for memory names.</li> <li>DA Davidson reiterated its price target of $190 for ServiceNow (NOW), implying upside of over 100%, after the company held its investor day event.</li> <li>AppLovin (APP), Disney (DIS) and Uber (UBER) will report earnings tomorrow.</li> </ul></div>

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<p>Both the S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ) hit record highs, driven by tech stocks. The U.S.-Iran ceasefire remains intact despite Iranian aggression. Brent crude oil fell 4% but stays at multi-year highs. The U.S. trade deficit was $60.3 billion in March, with exports up 2%. Intel and SanDisk reached all-time highs, while DA Davidson set a price target of $190 for ServiceNow. Earnings reports from AppLovin, Disney, and Uber are expected tomorrow.</p>

- The S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ) both reached record highs, driven by tech stocks.  
- The U.S.-Iran ceasefire remains intact despite Iran's aggressive actions, including attacks on U.S. targets.  
- The U.S. trade deficit was $60.3 billion in March, and the hiring rate improved to 3.5%, while notable companies like Intel and SanDisk hit new highs.

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Stock Market Today: SPY, QQQ Rally to Record Highs as U.S.-Iran Ceasefire Holds Firm; Oil Retreats