Wall Street rises again as the S&P 500 erases its loss for 2025
- The S&P 500 erased its losses for 2025 by rising 0.72%, marking a milestone after recent weeks near a bear market.
- This recovery came after Washington and Beijing reached a deal to significantly reduce tariffs for a period of 90 days.
- Investors also reacted to unexpectedly slower growth in the yearly inflation rate reported by the Bureau of Labor Statistics for April.
- Nvidia surged 5.63% after announcing a partnership with Saudi Arabia on AI, while UnitedHealth weighed on the Dow by falling 17.8%.
- Markets rebounded from earlier tariff-driven fears, with a better-than-expected inflation report removing the last major overhang, according to CIO Chris Zaccarelli.
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As the Dow and S&P claw back their 2025 losses, they’re setting up for an extremely rare comeback victory
Much to the surprise of many on Wall Street, the S&P 500 has managed to erase all of its losses from earlier in the year, and the Dow Jones Industrial Average isn’t far behind.
·United States
Read Full ArticleStocks just erased all of this year’s losses as investors welcome trade progress
The S&P 500 benchmark stock index hit another milestone in its remarkable march higher from the brink of a bear market in recent weeks: It has now erased all its losses for this year.
·Atlanta, United States
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Leaning Left6Leaning Right3Center12Last UpdatedBias Distribution57% Center
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