The reason for the rise in US stocks has been found. Analysts say investors are betting that the conflict in the Middle East will soon come to an end.

Against the backdrop of continuing uncertainty in the Middle East situation, US stocks are on the rise. On Wednesday local time, the S&P 500 index and the tech-heavy NASDAQ composite index both hit historic highs by the close of trading. Analysts say that investors continue to hope for a quick resolution to the Middle East conflict, and recent market trends increasingly suggest that the US and Iran will eventually reach a peaceful agreement. Globalt Investments, an American investment company, told CNBC that the recent shift is due to the fact that when the Middle East conflict first erupted, the market expected the situation to worsen and had therefore reduced its risk exposure. However, now that the likelihood of deterioration appears to be decreasing, investors are eager to catch the market upswing and are buying back in. Furthermore, according to the latest estimates released by Rystad Energy on Wednesday, the losses caused by the Middle East conflict to energy infrastructure could range from $34 billion to $58 billion. Rystad Energy points out that, regionally, Iran's own infrastructure has been the most severely affected, with repair costs potentially reaching as high as $19 billion.