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#sp500

📈 The S&P 500 index is trading at 6,750.

🚀 The U.S. stock market posted impressive gains yesterday amid the first signs of a de-escalation of the conflict in the Middle East. However, the latest news from the region points to renewed uncertainty regarding the stability of the ceasefire.

⚠️ Thus, the Islamic Republic stated that Israel’s ongoing aggression against Lebanon constitutes a violation of the ceasefire agreement and noted that it would be “unwise” to continue negotiations with the U.S. on reaching a permanent peace agreement. Furthermore, the Fars News Agency reported late Wednesday that oil tankers passing through the Strait of Hormuz were halted after Israel violated the ceasefire. Meanwhile, U.S. President Donald Trump stated that all American ships, aircraft, and military personnel would remain in place in the Middle East until a real agreement is reached and fully implemented, warning that failure to comply would result in a tougher military response.

📉 Given the current sentiment, the S&P 500 index may come under pressure again.

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