#S&P500

S&P 500 HIGHS HIDE WAR-RELATED EARNINGS PRESSURE

The S&P 500 is reaching record highs, yet earnings are showing increasing impacts from the Middle East conflict.

Companies such as Honeywell and Sonoco report higher energy and logistics costs, with ongoing disruptions in the Strait of Hormuz keeping commodity prices elevated.

Strong performance from big tech is covering up wider market weakness, but analysts caution that more negative surprises may appear as rising fuel costs affect travel, industrials, and consumer spending.