S&P 500 ▲ 7,609.78 · Brent ▲ $97.03 · Gold ▲ $4,515.20 · VIX ▼ 15.8 · 10Y UST ▼ 4.45%
US forces struck Qeshm Island and disabled a sixth tanker as the Hormuz blockade marked day 100. The S&P 500 posted its ninth consecutive gain – but strip technology from the index and American equities sit below their March level. The disconnect is not complacency. It …