S&P 500 Reaches New Record High, Recovering Losses from U.S.-Iran Conflict
The S&P 500 closed at a new record high of 7,022.95, recovering all losses since the start of the U.S.-Iran conflict. The market was driven by hopes of de-escalation and strong earnings expectations. However, the risk of renewed conflict and other economic concerns remain.
Topics: earnings expectations geopolitical risk market recovery S&P 500 U.S.-Iran conflict