The PENTAGON said on the 21st a US service member who went missing on the 17th after an Iranian strike on Jordan’s Muwaffaq Salti Air Base is believed to have died, bringing US military deaths to 18 since large-scale US and Israeli operations against Iran began in late February.

Over the past month the S&P 500 has traded sideways near record levels, but the share of constituents that have hit 52-week highs rose from about 35% to 46.1% since March 30. 46.1% refers to the cumulative proportion that reached 52-week highs at any time since late March, not simultaneous highs. The data indicate internal breadth is widening even as the headline index appears stalled; gains are not confined to a few mega-cap tech names, with flows broadening across more sectors and stocks.

Spot palladium up 2.00% intraday at $1,278.48/oz.