Geopolitical Tensions Fuel Oil Rally, S&P 500 Hits Record High, Bitcoin Surges Past $78k

Market News
1. Geopolitical tensions in the Middle East are escalating as Israel prepares for a potential war with Iran, with U.S. threats in the Strait of Hormuz pushing crude oil prices higher.
2. The S&P 500 index set a new intraday record high, signaling strong bullish sentiment in the U.S. stock market despite weakness in some tech stocks.
3. Bitcoin successfully broke through the psychological level of $78,000, supported by institutional buying news from Morgan Stanley, indicating significant positive momentum in the crypto market.