Will S&P 500 Open Up Or Down On May 1 After Best Month Since 2020?

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The S&P 500 surged 1.02% on Thursday to close at a record 7,209.01, marking its first-ever close above the 7,200 level and capping its strongest monthly performance since 2020.

The Polygon-based (CRYPTO: POL) Polymarket crowd remains bullish heading into Friday. The May 1 market shows about 65% of traders betting “Up,” as momentum from April’s rally carries into the new month.

Why That Number Matters

April marked a major turning point for equities.

The S&P 500 gained 10.4% for the month, its best performance since November 2020, as markets rebounded sharply from earlier geopolitical shocks tied to the Iran war. The …

Full story available on Benzinga.com

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