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The S&P 500 rose 0.8% on Wednesday to close at a record 7,022.95, extending its recent rally as investors continued to bet that the U.S.-Iran war may soon draw to a close.
The Polygon-based (CRYPTO: POL) Polymarket crowd remains bullish heading into Thursday. The April 16 market shows 60% of traders betting “Up,” after $147,830 in traded volume on the April 15 outcome.
Why That Number Matters
The benchmark index has now fully recovered from its Iran war losses and pushed to fresh all-time highs, highlighting how quickly investor sentiment has shifted on hopes of de-escalation.
President Donald Trump said in a Fox Business interview aired Wednesday that the Iran war is “very close …
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