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The S&P 500 index hits a record high, signaling a shift in market risk pricing
ME News Report, April 16 (UTC+8), the S&P 500 index reached a record high intraday on Wednesday, the first new high since the outbreak of the Iran war. Market expectations of easing tensions and strong earnings forecasts attracted investors back to risk assets. Despite ongoing geopolitical crises, market risk pricing has shifted, with traders more willing to incorporate lower short-term escalation risks. Since the conflict erupted on February 28, the S&P 500 has fallen as much as 9%, but has not met the criteria for a “technical correction.” (Source: ChainCatcher)