S&P 500 Hits Record As Iran Reopens Strait, Nasdaq Eyes 13-Day Streak

The S&P 500 reached a record high as Iran announced the reopening of the Strait of Hormuz, a vital shipping route for global oil supplies. This development is likely to influence market sentiment through improved risk appetite, as traders anticipate a stabilization in oil supply and pricing. The reopening could particularly benefit energy stocks and sectors sensitive to oil prices, while the Nasdaq Composite is on track for a 13-day winning streak, reflecting strong performance in technology shares. Traders will be watching for upcoming economic data releases, particularly U.S. job reports, which could further impact market momentum and investor sentiment.

The Nasdaq-100 (NDX) is the US large-cap tech benchmark. NDX is more sensitive to rate decisions than SPX because of longer-duration cash flows, and heavily concentrated in Tech/Comms names — mega-cap earnings season dominates price action.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.