★The S&P 500 just clinched a record high. Here are 6 charts to watch for what comes next.

The Big Market Report Take

The S&P 500 (SPX) just notched fresh record highs, demonstrating remarkable resilience by shrugging off the recent geopolitical tensions stemming from the Iran conflict. This swift recovery underscores the market's underlying strength and the "buy the dip" mentality that has characterized much of the past year, with investors seemingly prioritizing earnings growth and potential rate cuts over global instability. For investors, this signals that the path of least resistance remains upward, at least for now, and that dips are being viewed as opportunities rather than harbingers of a downturn. The key thing to watch going forward will be whether corporate earnings reports, particularly from the tech giants, can justify these elevated valuations, or if the market is simply running on momentum and the hope of Federal Reserve easing.