A market commentator on Telegram wrote Tuesday evening that the S&P 500 is poised to break its all-time high, citing the emerging US-Iran agreement as a driver. The prediction follows a day of gains in which the index already reached a record, as The Zioneer reported earlier Tuesday.
The S&P 500 index matched its all-time high during Tuesday's trading session, as The Zioneer reported at 17:26 Jerusalem. In a post Tuesday evening, market commentator Dor P. predicted the index would break that record, framing the move as a market surge driven by the emerging US-Iran agreement. The commentator accompanied the post with a personal reaction image. The prediction comes amid a volatile market period that has seen the S&P 500 rally on multiple occasions over the past week as the Washington-Tehran diplomatic track advanced. The index has gained on expectations of lower oil prices and renewed Iranian crude exports, though analysts have cautioned that the full market impact depends on the final terms of the memorandum of understanding.
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