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US500 is trading at 7,497.1, up +0.39% (+29.3 points) as of 13:28 UTC on July 9, 2026, as Wall Street futures rebounded during the European session. The index is holding firm despite elevated geopolitical risk in the Middle East.
Main drivers
The rebound is driven by retreating oil prices offering relief to equity markets, while investors continue to assess the impact of rising US-Iran tensions on risk sentiment.
Short-term outlook
Watch the 7,460 support level closely — a hold above this zone keeps the short-term bias constructive, but any escalation in Middle East tensions or an oil price spike could pressure the index back toward that level.
