The S&P 500 reached new record highs during the trading week ending on Friday, 1 May 2026.
Through 1 May 2026, the S&P 500 is just 2.1% below the center of the redzone forecast range, which is a reasonable projection of where the index would be had the geopolitical event not taken place.
With investors increasingly seeing the Iran War as a past-tense event, other factors like corporate earnings and how the Fed will set interest rates through the rest of 2026 have taken center stage in the market-moving headlines of the week that was.
AlexSecret/iStock via Getty Images
The S&P 500 (SPX) reached new record highs during the trading week ending on Friday, 1 May 2026. The index closed at 7,230.12 to end the week as investors increasingly put the Iran