The paper’s Aiden Reiter observed that despite escalating tensions in the Middle East, US stock markets have remained remarkably resilient, with the S&P 500 even climbing steadily since Israel’s strikes on Iran. “Over the past two years, markets have kind of learned to shrug off the tensions of the Middle East,” and history shows that equities often rise or remain stable during such conflicts, he added . Investors are weighing a range of factors, from tariff risks to US economic outlook, making it difficult to predict which narrative will drive markets on any given day.