As the ceasefire holds, oil prices continue to slip, benefiting airlines while pressuring the energy sector. The S&P 500 is now within 1% of an all-time high, signaling strong investor optimism.
Meanwhile, Fed Chair Jerome Powell is addressing Congress, with several Federal Reserve governors suggesting a potential rate cut in July. If not July, September is widely expected.
Overall, momentum is positive—with record highs possibly coming as soon as today.
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