The S&P 500 closed up 0.8% on Wednesday at 6,869.50, snapping a three-day losing streak as technology and semiconductor stocks led a broad recovery. Investor jitters around the U.S.-Iran war eased after oil prices stabilized and President Donald Trump‘s comments on protecting shipping lanes offered some reassurance.
But, the Polygon-based (CRYPTO: POL) Polymarket crowd is less convinced the relief will last. The March 5 market sits at 70% “Down,” 30% “Up” on whether the S&P will open up or down on Thursday.
Why That Number Matters
Wednesday’s close is a meaningful recovery from Tuesday’s low, but the index remains in negative territory for 2026. At last check, S&P 500 futures were down 0.43% at 6,846.75 points, suggesting the recovery may not carry cleanly into Thursday’s open.
The macro picture is also complicated. Oil prices stabilized on Wednesday, and Brent crude ended the session flat after surging nearly 20% across Monday and Tuesday, …Full story available on Benzinga.com
Jensen Huang says Nvidia is pulling back from OpenAI and Anthropic, but his explanation raises more questions than it answers
...
Read moreDetails