S&P 500 and Nasdaq 100 close at records despite hawkish Fed minutes and an oil spike

The S&P 500 rose 1.23% to 7,575.39 and the Nasdaq 100 gained 1.69% to 29,825.10 over the week, even as June FOMC minutes confirmed the Fed held rates at 3.50%-3.75% and fresh US strikes on Iran sent Brent up more than 5% to $76.01.

Deepakshi

Kristal Research & Marketing team

10 Jul2.5 min

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