The Dow Jones Industrial Average experienced a notable surge as optimism grows among stock market bulls, suggesting that the recent rally may endure. This follows the S&P 500 reaching new highs, indicating increased confidence in the market.
Wall Street is actively pricing out potential war damage, contributing to record stock performances. The reopening of the Hormuz Strait has further fueled gains, with notable climbs in stocks like Tesla and Palantir, highlighting a robust sentiment in the market.