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From Whiplash to Record Highs: How Long Can the Peace Rally Last?
Summary by Business Times
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US equities surge to record highs as ‘cyclical and structural forces align’
Global equity markets continued to shrug off energy crisis fears this week as positive earnings news and hopes for a de-escalation in the Middle East conflict sent indices higher, especially in the US and Asia. In London, the FTSE 100 index was trading a few points in the red today and stands slightly down on its opening level of Monday. But US markets hit record highs yesterday, with the S&P 500 index about 3.5% up on the week, and the Nasdaq C…
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