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3 things to look forward to on Monday

U.S. equities rallied, sending the S&P 500 to a record first close above 7,100 and lifting major indices as risk-on sentiment dominated. The S&P 500 gained about 1.2%, while the Nasdaq-100 extended its winning streak to 13 days. Geopolitical headlines — notably reports the Strait of Hormuz was opened to commercial shipping — supported equities and undercut oil prices, with crude and Brent futures falling. Analysts also flagged potential gradual weakening in the U.S. dollar, adding to the backdrop favoring equities and risk assets. Overall market reaction was bullish, with broad-based gains and continued positive momentum in tech-heavy benchmarks.

Category

US 500

Sentiment

Bullish

Event

Price milestone

Reading time

1 min