The S&P 500 ended higher on Tuesday after a softer-than-expected inflation report boosted hopes that the Federal Reserve may not need to tighten monetary policy as aggressively this year. Polymarket traders now expect the benchmark index to extend those gains at Wednesday’s open.
The S&P 500 rose 0.38% to close at 7,543.59. The July 15 Polymarket contract implied a 73% probability that the index will open higher on Wednesday.
