CoinWorld News reports that on April 16th (UTC+8), the S&P 500 index reached a new all-time high during Wednesday's trading, the first since the outbreak of the Iran war. Market expectations of easing tensions and strong earnings forecasts attracted investors back to risk assets. Although the geopolitical crisis is still ongoing, market risk pricing has shifted, with traders more willing to incorporate lower short-term escalation risks. Since the conflict erupted on February 28th, the S&P 500 has fallen as much as 9%, but has not met the criteria for a confirmed "technical correction."