Story perspectives
S&P 500 Sets Record Amid Oil-Price, Middle-East Risks
4/30/2026
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Story summary
- The U.S. S&P 500 index hit a record high last week, surpassing its level before the fighting began on Feb. 28.
- Oil prices stay high, raising odds that inflation will worsen, unemployment will rise, and growth will slow.
- A peace agreement in the Middle East remains elusive, while the Iran war heightens the threat of an energy crisis.
- Despite these risks, stock markets stay upbeat, reflecting continued investor optimism.
