Chips and Hopes of Peace Drive Stocks to Record Highs
Wall Street surged to fresh records on Wednesday as the US presented Iran with a one-page memorandum of understanding to end the war, sending oil tumbling nearly 8% and risk appetite roaring back. The S&P 500 jumped 1.5% to 7,363.68, the Nasdaq soared 2% to 25,838.94, and AMD’s…
MPC Markets Morning Call — 7 May 2026: Chips and Hopes of Peace Drive Stocks to Record Highs:root{--bg:#FFF;--surface:#F7F8FA;--surface-warm:#FBF9F6;--border:#E2E5EB;--border-strong:#CBD0D9;--text:#1A1D24;--text-body:#3A3F4A;--text-secondary:#6B7280;--text-muted:#9CA3AF;--accent:#1A56DB;--accent-light:#EBF0FE;--accent-border:#B4C9F3;--green:#059669;--green-bg:#ECFDF5;--gold:#B45309;--gold-bg:#FFFBEB;--purple:#7C3AED;--purple-bg:#F5F3FF;--purple-border:#DDD6FE;--serif:'Playfair Display',Georgia,serif;--sans:'Source Sans 3',-apple-system,sans-serif;--mono:'IBM Plex Mono',monospace;--shadow-sm:0 1px 2px rgba(0,0,0,.05);--shadow-md:0 4px 12px rgba(0,0,0,.08)}*{margin:0;padding:0;box-sizing:border-box}body{background:var(--bg);color:var(--text);font-family:var(--sans);font-size:16px;line-height:1.75;-webkit-font-smoothing:antialiased}.page{max-width:800px;margin:0 auto;padding:0 24px 80px}.logo-bar{text-align:center;padding:28px 0 0}.logo-bar img{height:38px}.subscribe-bar{padding:24px 0;text-align:center;border-bottom:1px solid var(--border)}.subscribe-bar-label{font-family:var(--serif);font-size:18px;font-weight:700;color:var(--text);margin-bottom:14px}.subscribe-links{display:flex;justify-content:center;align-items:center;gap:16px;flex-wrap:wrap}.subscribe-btn{display:inline-flex;align-items:center;gap:8px;padding:10px 20px;border-radius:8px;background:#111;color:#fff;text-decoration:none;font-family:var(--sans);font-size:13px;font-weight:600;letter-spacing:.2px;box-shadow:var(--shadow-sm)}.subscribe-btn svg{flex-shrink:0}.sub-label-top{font-size:9px;font-weight:500;letter-spacing:.5px;opacity:.7;line-height:1}.sub-label-bottom{font-size:15px;font-weight:700;line-height:1.1}.sub-text{display:flex;flex-direction:column;text-align:left}.top-headline{padding:40px 0 28px;border-bottom:2px solid var(--text);margin-bottom:32px}.top-headline-text{font-family:var(--serif);font-size:32px;font-weight:900;line-height:1.25;color:var(--text);letter-spacing:-.5px;margin-bottom:16px}.top-excerpt{font-size:17px;line-height:1.8;color:var(--text-secondary)}.summary-top{background:var(--surface);border:2px solid var(--border-strong);border-radius:8px;padding:28px 32px;margin-bottom:36px;position:relative}.summary-top::before{content:'SUMMARY';font-family:var(--mono);font-size:10px;font-weight:600;letter-spacing:3px;color:var(--bg);background:var(--text);padding:4px 14px;position:absolute;top:-12px;left:28px;border-radius:3px}.summary-top p{color:var(--text-body);font-size:16px;line-height:1.8;margin-top:4px}.takeaways-inline{margin-top:20px;padding-top:18px;border-top:1px solid var(--border)}.takeaways-inline-label{font-family:var(--mono);font-size:10px;font-weight:600;letter-spacing:2px;text-transform:uppercase;color:var(--text-secondary);margin-bottom:12px}.tk{display:flex;gap:10px;align-items:flex-start;padding:7px 0}.tk-marker{font-family:var(--mono);font-size:11px;font-weight:600;color:var(--text-muted);min-width:24px;padding-top:4px}.tk p{color:var(--text-body);font-size:15px;line-height:1.65}.chart{margin:28px 0}.chart img{width:100%;border-radius:6px;display:block}.chart-cap{font-family:var(--mono);font-size:11px;color:var(--text-muted);margin-top:8px;letter-spacing:.3px}.chart-img-contained{margin:28px 0}.chart-img-contained img{max-width:80%;display:block;margin:0 auto;border-radius:6px}.section{margin:44px 0;padding-top:32px;border-top:1px solid var(--border)}.section-head{display:flex;align-items:baseline;gap:14px;margin-bottom:20px}.section-num{font-family:var(--mono);font-size:13px;font-weight:600;color:var(--text-muted);letter-spacing:1px;flex-shrink:0}.section-title{font-family:var(--serif);font-size:22px;font-weight:700;line-height:1.3;color:var(--text)}.section p{color:var(--text-body);font-size:16px;line-height:1.8;margin-bottom:16px}.callout{border-radius:8px;padding:24px 28px;margin:32px 0;border-left:4px solid}.callout.green{background:var(--green-bg);border-color:var(--green)}.callout.gold{background:var(--gold-bg);border-color:var(--gold)}.callout.purple{background:var(--purple-bg);border-color:var(--purple)}.callout.accent{background:var(--accent-light);border-color:var(--accent)}.callout-title{font-family:var(--serif);font-size:18px;font-weight:700;margin-bottom:12px;line-height:1.3}.callout.green.callout-title{color:var(--green)}.callout.gold.callout-title{color:var(--gold)}.callout.purple.callout-title{color:var(--purple)}.callout.accent.callout-title{color:var(--accent)}.callout p{color:var(--text-body);font-size:15px;line-height:1.7;margin-bottom:10px}.day-ahead{background:var(--surface-warm);border:1px solid var(--border);border-radius:8px;padding:28px 32px;margin:32px 0;position:relative}.day-ahead::before{content:'DAY AHEAD';font-family:var(--mono);font-size:10px;font-weight:600;letter-spacing:3px;color:var(--bg);background:var(--text);padding:4px 14px;position:absolute;top:-12px;left:28px;border-radius:3px}.day-ahead…
Read on MPC Markets Mosaic
