Today's headline:
The S&P 500 has staged a strong comeback, returning to positive territory for the year and fully recovering losses tied to the recent conflict in the Middle East. The benchmark index is now trading at 6,922, up 1.5% on the session and 0.6% higher year to date.
This marks a notable turnaround from its recent low of 6,317.41, recorded on March 30, from which the index has rallied roughly 9.5%. The recovery underscores renewed investor confidence and resilient market momentum despite geopolitical uncertainties.
Importantly, the S&P 500 now sits just 1% below its all-time high of just over 7,000, which it reached on January 28, signaling that equities are approaching record levels once again.
Source: https://www.msn.com/en-us/money/topstocks/s-p-500-returns-to-positive-territory-and-erases-middle-east-conflict-losses/ar-AA20S44X