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May 4, 2026 8:01 AM

Will S&P 500 Open Up Or Down On May 4?

The S&P 500 extended its rally on Friday, rising 0.29% to close at a record 7,230.12, as easing oil prices and strong earnings continued to support equities.

Now, the Polygon-based (CRYPTO: POL) Polymarket crowd is strongly bullish heading into Monday. The May 4 market shows about 76% of traders betting "Up," reflecting continued confidence in the market's upward momentum.

Why That Number Matters

Investor sentiment remains supported by optimism around a potential resolution in the Middle East, after Iran sent a revised peace proposal through mediators. However, uncertainty persists after President Donald Trump said he was not satisfied with the offer.

On Sunday, Trump also announced a new initiative dubbed "Project Freedom," aimed at assisting cargo ships stranded due to ...