A fresh risk-on rally pushed stocks to records on Tuesday. US stocks have clawed their way back to records after a volatile rotation in the AI trade sent investors on a roller coaster ride in July. The Dow Jones Industrial Average and S&P 500 broke through to new highs as traders were encouraged by Treasury
Markets were rocked on Wednesday by a major resurgence of hostilities between the United States and Iran. Oil prices soared and stocks fell as the conflict escalated again, prompting President Donald Trump to declare that the ceasefire that has been in effect since mid-April is “over.” West Texas Intermediate and Brent crude oil each rose