S&P 500

⚠️ Fast-moving development: the live IG price at 7,433.42 is ~300 points below Tuesday's record close of 7,736.52, suggesting a significant overnight/pre-market pullback — likely driven by SpaceX's -7% after-hours drop on $18.4B capex and AMD's disappointing outlook; confirm whether this reflects a futures contract gap or a genuine cash open correction before acting.

The S&P 500 just broke its June all-time high closing record at ~7,600 and printed a fresh record close of 7,736.52 on August 4, driven by geopolitical de-escalation in the Strait of Hormuz and a solid AI earnings season led by Palantir's 29% surge.

Main Risk

SpaceX & AMD After-Hours AI Capex Shock

SpaceX fell nearly 7% after-hours on $18.4B Q2 capital expenditure, and AMD's outlook disappointed investors, threatening to unwind the AI-driven rally that carried the S&P 500 to record highs at 7,736.52 on August 4.