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S&P 500 Rally Shows Oil War Premium Is Finally Leaking Out
Investing.com·
The S&P 500 rallied as oil prices fell on Iran peace deal optimism, reducing inflation concerns and easing Fed rate-hike expectations. SpaceX's historic $75 billion IPO debut surged 19%, attracting massive retail demand. However, mega-cap tech lagged while semiconductors and small caps led. The market is rotating within AI from software to compute infrastructure, with the rally fragile and dependent on headline developments.
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