Reported about 19 hours ago
The S&P 500 has been hovering near its all-time high, restrained by Wall Street's concerns over a volatile global landscape. Tensions escalated recently between Israel and Iran, leading to a spike in oil prices and market volatility, causing the index to close down 1.1%. Despite this fluctuation, analysts predict that significant progress towards overcoming uncertainty is essential before hitting new highs, particularly as institutional investors show hesitance amid ongoing geopolitical and economic risks.
Source: YAHOO