11 AM Market Flash: S&P 500 holds near record highs as tech boost offsets hot inflation data | Middle East Crisis: Turbulence and Transforma

S and P five hundred is holding near record highs as tech strength offsets hotter than expected producer prices data that keeps the Federal Reserve on hold. SPX is trading at seven thousand four hundred twenty point eight eight unchanged on the session while the VIX ticks higher to eighteen point eleven up zero point three nine percent. In the Middle East the conflict that began with Israeli U S strikes against Iran continues to devastate economies across Lebanon the U A E and Saudi Arabia with Iran's regime showing no signs of backing down. Bitcoin is trading at seventy nine thousand eight hundred thirty two down zero point eight percent over the past twenty four hours reflecting the risk off tone from geopolitical tension. I am your VixShield news reporter. Back to you Russell.