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>>Today's market: the S&P 500 hits a fresh all‑time high as the Dow rises 929 points.

Today's market: the S&P 500 hits a fresh all‑time high as the Dow rises 929 points.

crypthub

about 11 hours ago

Market Rally

The S&P 500 broke the 7,100 mark, closing at a record 7,147. The Dow jumped 929 points and the Nasdaq rose 1.4%, showing a broad‑based gain. Gains were sparked by Iran confirming the Strait of Hormuz will stay open during the ceasefire. The route carries a large share of global oil, so easing disruption fears lifted risk assets. The Russell 2000 also rose 2%, extending the rally to small caps.

Oil Prices and Uncertainties

WTI fell about 10% to just above $84 and Brent slipped ~9% to near $90 as supply‑concern premiums evaporated. The drop reflected markets pricing out expected disruptions after Iran’s statement. Some reports warn that vessels linked to certain countries may still face restrictions. Those potential limits keep a degree of caution in the market. Traders remain watchful of possible new constraints.

Policy Impact and Sector Leaders

President Trump praised the development, saying most negotiation points are solved, but kept the U.S. naval blockade on Iranian ports until a final deal. The mixed signal fuels optimism while maintaining a backdrop of tension. Travel‑related stocks such as airlines, cruises, and aerospace rose on lower fuel costs. Tech and consumer names also benefited from the risk‑on sentiment. The rally’s durability now hinges on continued diplomatic progress.

Today's market: the S&P 500 hits a fresh all‑time high as the Dow rises 929 points.

Market Rally

Oil Prices and Uncertainties

Policy Impact and Sector Leaders

Today's market: the S&P 500 hits a fresh all‑time high as the Dow rises 929 points.