Why the S&P 500 Reclaimed 6,900: The "TACO" Trade & GDP Explained

The Thursday session closed Green. Here is why: A geopolitical de-escalation regarding European tariffs triggered a massive "Vol Crush," forcing dealers to buy back hedges while a robust 4.3% GDP print confirmed a "no-landing" economic scenario.🔔 Winners: Financials and Staples (PG) caught a bid as yields firmed and dividends hiked.📉 Losers: GE Aerospace and Semiconductors lagged as traders de-risked ahead of big tech earnings.The #1 thing to watch for tomorrow is the Flash PMI data—this will determine if the March rate cut is officially off the table.