Corporate executives with a front-row seat on the economy are broadcasting a bullish message and drowning out Iran war noise.
The S&P 500 crossed 7000 again. We've seen this movie before, but it is worth sitting through.
The index on Wednesday tallied its first intraday and closing record highs since the start of the Iran conflict.
The S&P 500 was back near its all-time high on Tuesday as investors in U.S. stocks appeared content to look past the fact that the Strait of Hormuz was still mostly closed.
S&P 500 futures slip as oil jumps on Iran tensions. Higher crude prices raise inflation concerns and weigh on US indices ahead of key earnings this week.
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US stocks surge on the week, but S&P 500 momentum fades Friday. CPI data, oil prices, and geopolitics drive cautious market outlook.
Nvidia shares are up for the eighth session in a row.
What a difference a day makes. After trading below its 200-day moving average for about two weeks, and trading below its 50-day moving average for more than a month, the S&P 500 leapt back above both critical trend lines on Wednesday as a cease-fire deal between the U.S. and Iran helped lift investors' spirits.
Travel-related companies and semiconductor manufacturers dominated the list of top U.S. stock performers early Wednesday.
The cease-fire reached between the U.S. and Iran on Tuesday night presents a marker showing how things have shifted in global financial markets.
The S&P 500 needs a bigger selloff before it can start marching to a fresh record high, says BTIG's Jonathan Krinsky.