Peter Tuchman: S&P 500 hits record high but closes lower amid U.S. and Iran talks

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07.05.2026

Peter Tuchman: S&P 500 hits record high but closes lower amid U.S. and Iran talks — S&P 500 swings on U.S.-Iran news

Peter Tuchman, industry influencer, recapped a volatile trading session where the S&P 500 achieved a new all-time high in the morning before finishing the day down 0.34 percent.

He pointed to a lack of progress in negotiations between the U.S. and Iran as a contributing factor to the market's reversal and discussed the ongoing uncertainty impacting investor sentiment.

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Earlier in the week, Tuchman reported that stock futures for major indexes opened lower with the VIX volatility index also declining. He previously noted that the Federal Reserve kept interest rates unchanged as 15 percent of the S&P 500 reported earnings after hours. The series of updates comes amid market sensitivity to both economic policy and geopolitical developments.

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