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The S&P 500 rallied to another all-time high on Wednesday, climbing 1.46% to close at 7,365.12, as investors cheered signs that the U.S. and Iran may be nearing an agreement to end the conflict.
Polymarket traders are leaning bullish again heading into Thursday’s session, with the May 7 market favoring an “Up” open for the benchmark index after Wednesday’s strong rally.
Why That Number Matters
Investor sentiment improved sharply after Axios reported that the White House was nearing a potential framework agreement with Iran that could end the war and pave the way for broader nuclear negotiations.
The report said discussions centered around a one-page, …
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