The S&P 500 reached a record high driven by cooling inflation and strong AI-infrastructure earnings, occurring alongside a week of significant policy and corporate shifts. The Department of Justice is reportedly declining to appeal the striking down of the 1934 National Firearms Act, potentially eliminating federal tax and wait-time requirements for certain firearms, while President Trump escalated geopolitical tensions by declaring that the U.S. will designate the Strait of Hormuz as territory following the defeat of Iran. In the corporate sector, significant activity included Magnetar Financial offloading a large volume of CoreWeave shares across multiple filings, which contrasted with a cluster of insider option exercises at Ondas Inc., marking a period where macro-market optimism navigated major domestic and foreign policy developments.