S&P 500 Hits 7,126 as Ceasefire Revives 'TINA' Inflows, Sparking 10% Rally

The S&P 500 climbed to 7,126.07 (+1.20%) on renewed 'TINA' (There Is No Alternative) flows after a U.S.-Iran ceasefire earlier this month, drawing $28 billion net into U.S. equities—with $23 billion from U.S. investors—reversing earlier $56 billion outflows. The index surged 10% in 11 sessions, exceeding pre-war levels by 2%, boosted by ~14% Q1 earnings growth forecasts versus Europe's ~4.2%. Heavy outflows hit South Korean ($2.5 billion) and European ($4.7 billion) equity funds, signaling global rotation into U.S. assets amid upgraded bank outlooks.