As S&P 500 approaches record highs, this is what could derail the stock-market rebound

The S&P 500 was back near its all-time high even as the Strait of Hormuz remained mostly closed, indicating investors were largely shrugging off a major geopolitical and energy-supply risk. The move points to resilient risk appetite and suggests markets are currently prioritizing equity momentum over potential oil-shock disruption.

Analysis

The S&P 500 was back near its all-time high even as the Strait of Hormuz remained mostly closed, indicating investors were largely shrugging off a major geopolitical and energy-supply risk. The move points to resilient risk appetite and suggests markets are currently prioritizing equity momentum over potential oil-shock disruption.