S&P 500 Hits New High Amid Turbulent Market

Stocks are consolidating as tariff news poses risks, with the Nasdaq 100 closing lower and VIX hitting a new low. S&P 500 futures are consolidating around 6,300 amidst geopolitical sensitivity. Crude oil pulled back after a surprise inventory build but remains in a bullish trend. The IEA reports a tight oil market despite rising supply, with differing long-term demand outlooks. Oil is retracing slightly after a sell-off, with support at $66-67. The S&P 500 is expected to open lower today, with focus shifting to upcoming earnings season.

Read more at Investing.com: S&P 500 Reaches New Record, but Uncertainty Looms