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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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Stocks 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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  • 57% of the sources are Center
57% Center
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CNBC broke the news in United States on Monday, May 12, 2025.
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