US Markets WrapUS Markets Wrap

US Markets Wrap: Are markets too complacent? Nasdaq, S&P 500 hit new highs

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The S&P 500 and Nasdaq Composite are breaking records and riding massive win streaks, but is the market ignoring the risks right in front of it? Aninda Mitra, Head of Asia Macro and Investment Strategy at BNY Investments discusses a fascinating Wall Street session where the Nasdaq advanced 1.6% to hit 24,016 (marking an 11-day win streak) and the S&P 500 gained 0.8% to close at 7,023. While investors seem buoyed by hopes of a resolution to the Iran war, the Dow shed 72 points, reminding us that the broader economic picture remains complex. 

Produced/Presented: Ryan Huang

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US Markets Wrap

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