Stock Market Today: Dow up 250 points, Nasdaq carves out intraday record and S&P 500 higher on earnings optimism; Iran cease-fire still fragile; Brent crude oil trades around $101 a barrel

Broadcom’s more than 4% surge on Wednesday was helping lift the the broader semiconductor market.
The AI chipmaker was on the cusp of achieving a $2 trillion market-cap milestone, at $1.991 trillion currently, according to Dow Jones Market Data.

Broadcom shares are about 35% higher in April, while