The market exploded on Tuesday, smashing new highs as the S&P 500 breached 7,700 for the first time ever and the Dow surged over 900 points. Driven by hopeful geopolitical signals—Treasury Secretary Scott Bessent hinted at progress with Iran, easing oil price fears and global trade worries—and stellar earnings reports across sectors, investors are rallying behind strong fundamentals. Technical momentum also kicked in, with the S&P clearing key resistance and broad tech buying fueling optimism. With volatility from a major fund’s forced selling now behind us, analysts see room for further gains ahead.
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