US500S&P 500
7,473.5
+0.37%
SUPPORT:74007300
RESISTANCE:75007600
Past
What happened
S&P 500 closed Friday at 7,473 (+0.37%), within 0.6% of all-time highs, on Iran-deal optimism and strong Q1 earnings tailwind. US closed today for Memorial Day.
Why
Why it matters
Risk-on is being driven by two real catalysts: a credible path to ending the Iran war, and Q1 earnings beating estimates by the widest margin in two years.
Watch
What to watch
US returns Tuesday with PCE data Friday. New highs need Iran-deal confirmation AND a soft PCE print; either-without-the-other likely caps gains at 7,500.
HEADLINES