11:02 AM Flash: S&P 500 Surges Past 7400 as Debt-Fueled Global Rally Accelerates

Eleven oh two AM Flash. Good morning everyone, here's your live market snapshot. The S&P five hundred is currently trading at seven thousand four hundred fourteen point zero six, up sixty point four five points or zero point eight two percent. The VIX is slightly softer at seventeen point four, down zero point zero four. Gold is at four thousand five hundred ten dollars, WTI oil is trading at one hundred one point four four dollars a barrel, and Bitcoin is holding at seventy seven thousand three hundred six dollars. Breaking right now, debt-fueled bets are turbocharging the South Korean stock market with the Kospi jumping eight percent in a dramatic move that is rippling through global risk sentiment and helping lift U.S. equity futures higher this morning. Wall Street is also digesting new worries around artificial intelligence with Americans now concerned not just about job losses but about a fresh wave of AI-driven disruptions hitting the broader economy. How to make sense of SpaceX's nonsensical valuation is also making the rounds as investors struggle to price in the private rocket giant. In other news, a shameless Midwest mother has given a self-pitying jail interview on the eve of her sentencing for a two hundred fifty million dollar Somali-linked fraud that could see her behind bars until she is ninety-five. This is Miss Vicky from the Options Desk at VixShield, where it's not news till we talk about it. Stay with us as Russell Clark joins with more analysis.