Nasdaq and S&P just hit new highs even with oil above $100 and geopolitical tensions still in the background. Normally that would slow things down, but not this time.
Earnings are holding up, especially from banks, and that seems to be enough for investors to stay confident. Add a bit of optimism around tensions cooling, and the focus shifts back to growth. Even rising oil didn’t shake things like it usually does lol
Feels like a clear “risk-on” environment where people would rather stay in than step aside, at least for now
Nasdaq and S&P just hit new highs even with oil above $100
byu/ChartNavigator ininvesting
Posted by ChartNavigator