★As S&P 500 approaches record highs, this is what could derail the stock-market rebound

The Big Market Report Take

The S&P 500 is flirting with new all-time highs, yet investors are seemingly shrugging off significant geopolitical risks, specifically the ongoing disruption in the Strait of Hormuz. This apparent complacency matters because while the market is enjoying a rebound, the closure of a vital global oil chokepoint presents a clear and present danger of escalating energy prices and supply chain shocks that could quickly erode corporate profits and consumer confidence. For investors, the key thing to watch is not just the headlines out of the Middle East, but how long this market can maintain its bullish momentum without acknowledging the potential for a severe economic ripple effect from such a critical disruption. It’s a classic case of the market climbing a wall of worry, but sometimes that wall has a cliff face on the other side.