Iran's Retaliation Sparks Oil Drop and S&P 500 Rise

The stock market rose and oil prices fell after Iran's missile attack on a U.S. base in Qatar, which was seen as a limited response, easing fears of escalation. The Dow, S&P 500, and Nasdaq all gained, while oil prices dropped significantly. The market's outlook remains optimistic, with upcoming Federal Reserve testimony and potential rate cuts in focus.