US Stocks Head Toward Record as Geopolitics Fail to Derail Rally

Equities are headed for a blue-sky scenario after the ceasefire in the Middle East drastically reduced the odds of a major disruption to energy prices.

The risks facing the stock market are swiftly diminishing as economic growth remains solid despite the turmoil from tariffs and geopolitics. Equities have been remarkably resilient over the past two months as the S&P 500 bounced sharply from April lows, putting it 2% away from its record high.