4/22 S&P 500 +1.05% to record 7,137.90 with Tesla Q1 EPS beat ($0.41 vs $0.35) and +3% after-hours. Tesla earnings tailwind plus Trump's extended Iran ceasefire and chipmakers' 16-day winning streak keep risk-on bias into 4/23. Record-high stretch raises pullback risk, but earnings-driven momentum and the month's best rally since 2020 tilt odds up for the next session.