U.S. Equity Markets
All-Time Highs
The S&P 500 closed at a new record high Wednesday, its first since the U.S.-Iran conflict began, as hopes of a de-escalation in the war and robust earnings expectations drew investors back into risk assets. The S&P settled at 7,022.95, up 0.8%, LSEG data showed, surpassing its previous closing high in January. It also hit a new intraday record of 7,026.24. U.S. President Donald Trump has said talks with Iran to end the war could soon resume after the first round of talks in Islamabad collapsed. Equity markets fell sharply last month when hostilities erupted, unleashing a historic shock to oil markets and reviving concerns about inflation and the outlook for U.S. interest rates.









