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The S&P 500 surged on Wednesday, rising 2.51% to close at 6,782.81, as markets rallied sharply following President Donald Trump‘s decision to pause attacks on Iran.
However, the Polygon-based (CRYPTO: POL) Polymarket crowd has turned bearish heading into Thursday. The April 9 market shows a majority of traders betting “Down,” and only 11% “Up,” following $144,916 in traded volume on the April 8 outcome, where sentiment stayed firmly tilted toward gains.
Why That Number Matters
Markets are now balancing optimism around a ceasefire with lingering geopolitical risks. The rally was driven by Trump’s decision to suspend military action …
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