E-mini S&P 500 futures surged to record highs above 7,600.

E-mini S&P 500 futures surged to new all-time highs, closing north of the 7,600 level to secure a ninth consecutive weekly gain. Equity markets continue to benefit fundamentally from positive Middle East news flows and supportive corporate earnings. Although Treasury bond yields and oil prices have moderated recently, they remain elevated relative to their pre-crisis benchmarks established in February. Meanwhile, the extended equity rally has pushed market volatility down near its year-to-date lows, reflecting the inverse relationship between stock indexes and volatility measures. Looking ahead, market attention shifts to a data-heavy week featuring critical labor updates, including JOLTS, ADP, weekly jobless claims, and Friday's nonfarm payrolls report. Traders will also watch the final round of Fed speakers before officials enter their pre-FOMC blackout window next Saturday.