The S&P 500 and Nasdaq kept their record rallies going. Here are 3 key takeaways
SkimNews Take
The market's continued ascent despite geopolitical and legal pressures suggests investors are prioritizing current corporate performance and sector-specific momentum over broader, external uncertainties.
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- S&P 500 closed at record highs three times in the week and posted a 0.9% gain, delivering its best month since 2020.
- Oil prices jumped to a four‑year high after Trump halted ceasefire talks with Iran, yet the equity rally persisted.
- Microsoft beat earnings expectations but its shares fell nearly 4% on concerns about its Office seat‑based licensing model.
- Amazon posted its highest operating margin yet, nudging its stock up 0.8% after the earnings release.
Why it matters: Investors in the S&P 500 gain as the index climbs 0.9% and hits record highs, while Microsoft shareholders lose roughly 4% on the stock dip, and the earnings boost for Amazon indicates tighter profit margins for e‑commerce.
