The S&P 500 and Nasdaq 100 reached all-time highs today as the US-Iran conflict continues. The S&P 500 prediction market for April 15 is at 100% YES, resolving the question with certainty.
Market reaction
Traders who bet on a positive S&P 500 outcome for April 15 are locked in for a payout.
» Read more about: S&P 500, NASDAQ 100 hit record highs amid US-Iran conflict »
US stock futures rose on Thursday after a strong session that pushed the S&P 500 over 7,000 for the first time amid growing optimism for an extension to the Middle East ceasefire.
Futures linked to the S&P 500 (ES=F) moved up 0.2% as contracts on the Nasdaq 100 (NQ=F) climbed 0.4%.
In February, the U.S. and Israel launched airstrikes against Iranian military and leadership targets, prompting Iran to retaliate with missiles and drones across the Middle East. Those retaliatory attacks have disrupted oil shipments through the Strait of Hormuz, a waterway in the Persian Gulf that serves as a transit route for 20% of global oil and liquefied natural gas.
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A number of stocks fell in the afternoon session after news of a potential Middle East ceasefire triggered a major shift in the stock market. For weeks, investors held defensive and energy stocks during the conflict between the U.S. and Iran.
With a peace deal being discussed,
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A number of stocks fell in the afternoon session after news of a potential Middle East ceasefire triggered a major shift in the stock market. For weeks, investors held defensive and energy stocks during the conflict between the U.S. and Iran.
With a peace deal being discussed,
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