U.S. equities posted a modest weekly gain as investors navigated a volatile stretch of Iran-driven headlines before finishing the week on a notably optimistic note.

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U.S. equities pulled back last week as a sharp late-week selloff in technology and semiconductor stocks overshadowed a broadly constructive stretch of economic data.

U.S. equities continued their upward momentum last week, with the S&P 500 rising 1.4%, the Nasdaq gaining 2.4%, and the Dow advancing 0.9%. The S&P 500 and Nasdaq both ended the week at fresh record highs, with the S&P 500 now up for a ninth straight week and the Nasdaq higher in eight of the past nine.

U.S. equities were mixed last week as a narrow group of large technology stocks helped mask growing pressure beneath the surface. The S&P 500 managed a fractional 0.13% gain, while the Dow Jones Industrial Average and Nasdaq Composite both slipped modestly.