^GSPC Today March 5: Rebound as Oil Eases; Geopolitical Risks Linger

^GSPC Today March 5: Rebound as Oil Eases; Geopolitical Risks Linger

S&P 500 today staged a rebound as oil prices cooled after the US prepared insurance and potential naval escorts for Gulf tankers, improving risk appetite. By around 1:20 pm SGT, the index hovered near 6,870, up about 0.8% intraday. European shares also steadied. For Singapore investors, a softer energy pulse can aid inflation and sentiment, but Middle East conflict risks still hang over markets. We review drivers, key levels on the index ^GSPC, and positioning ideas relevant to SGD-based portfolios.

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