Strong bids continue to lift US equity markets today and the S&P 500 is now up 1.2%, erasing Friday’s losses and threatening last week’s highs. The Nasdaq is also up 1.6%.
Leaders include Meta, Intel, Nike, Goldman Sachs and travel names that were hurt on Friday.
The market doesn’t seem to mind Israel and Iran fighting so long as the US doesn’t get involved, which hasn’t been the case so far.
This article was written by Adam Button at www.forexlive.com.