Middle East "powder keg" is silent, injecting strength into US stocks! The S&P 500 is just one step away from a new high.
Zhongtong Finance APP learned that, due to the ceasefire agreement in the Middle East significantly reducing the possibility of drastic fluctuations in energy prices, the U.S. stock market is beginning to show an optimistic trend. Coupled with the fact that the U.S. economy remains stable, the "clouds" of tariffs and geopolitics that previously loomed over the market are rapidly dissipating. In the past two months, the U.S. stock market has shown resilience, with the S&P 500 index rebounding significantly from its low point in April, currently only 2% below its historical high.
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