The S&P 500 flirts with it's all-time high, oil futures rise 1.4% after Middle East ceasefire
Briefly

The S&P 500 closed at 6,092, just 51 points shy of its all-time high. Oil prices rose 1.4% as Middle East tensions eased. The markets are in a holding pattern, with other uncertainties like tariffs and government spending bills remaining unresolved yet not escalating. Federal Reserve Chair Jerome Powell noted reduced market uncertainty compared to the chaotic aftermath of tariff announcements. Investors are closely monitoring these conditions, as the tech-heavy Nasdaq nears its historic peak, reflecting an adjustment to a new, uncertain economic era.
Despite the ongoing uncertainties in the market, including geopolitical tensions and tariffs, U.S. equities are bouncing back, showing signs of resilience under current conditions.
Investment markets remain alert as the S&P 500 nears its all-time high, with recent improvements hinting at a potential normalization despite past tariff-related turbulence.
Read at Fortune
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