The S&P 500 is navigating turbulent waters as geopolitical friction enters a new phase. U.S. Central Command said it began a third straight night of strikes against Iran at about 4:45 p.m. ET on Monday.
Why That Number Matters
As the strategic shipping channel gridlocks, technical indicators remain volatile:
The Bull Case
While the Middle East dominates headlining risk, domestic investors are turning their focus to a cluster of major fundamental data points arriving this week. Market veteran Louis Navellier notes that Tuesday’s highly anticipated Consumer Price Index (CPI) report, expected after market hours, can show a 0.2% decline for June, offering firm proof that underlying inflation is continuing to cool.
How The Previous Bet Played Out: The Monday, July 13 Polymarket contract resolved “Down.” The highly contested market drew significant participation, closing with a final volume of $180,636.
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