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Record Highs Return as Markets Look Past Iran Risk

U.S. stocks rebounded sharply on Wednesday, with the S&P 500 and Nasdaq Composite closing at fresh records as investors welcomed President Trump’s decision to extend the ceasefire with Iran and leaned back into risk assets after two days of caution.

Oil, Rates, and Fed Uncertainty Pull Stocks Off Highs

US stocks faded into the close after an early rally, as renewed concern over stalled US-Iran diplomacy pushed oil sharply higher and revived worries about inflation, consumer pressure, and tighter financial conditions.

Oil Surge Breaks the Risk Rally

Markets lost some momentum Monday as a fresh escalation in US-Iran tensions pushed oil sharply higher and pulled equities modestly off record levels.

Risk Rally Builds as Hormuz Reopens and Oil Breaks Lower

Markets extended April’s surge as easing Middle East supply fears reinforced an already strong risk-on backdrop driven by AI enthusiasm, resilient earnings, and expectations for additional Fed easing later this year. 

Records Hold as Markets Look Through Middle East Risk

US equities eked out fresh records as investors looked past another wave of Middle East headlines and leaned into the view that the conflict may stay contained enough to avoid a deeper hit to growth, earnings, and energy flows.

Record highs as peace hopes and earnings revive risk appetite

US stocks pushed to fresh records on Wednesday as investors leaned into the view that Middle East tensions may be moving toward de-escalation and that early earnings results are reinforcing confidence in corporate resilience. 

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