CNBC5/12/2026Business4 min read
S&P 500 Rebounds to All-Time Highs Amid U.S.-Iran War
Equity Market Ignores War's Impact, Fueled by Strong Company Margins and Tech
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The S&P 500 has rebounded to all-time highs despite the ongoing U.S.-Iran war, fueled by strong company margins, tech companies' insulation from the war's impact, and the US economy's reduced reliance on oil.
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The U.S.-Iran war drags on with no sign yet of a peace deal. Someone needs to tell the stock market. After a small early drawdown near the outset of the war, the S&P 500 has rebounded to all-time highs, closing above 7,400 on Monday for the first time ever even as oil prices remain at elevated levels. ...
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