The S&P 500 Is Taking a $9.8 Trillion Roundtrip. Here’s What’s Going On
- The Nasdaq-100 index reached a new record high on Tuesday, while the S&P 500 ended the day just 0.85% shy of its previous peak amid widespread market gains.
- This rally followed a volatile first half of the year marked by a market correction in March and a flirtation with a bear market in April, triggered in part by President Trump's higher tariffs announced on April 2.
- Technology stocks led the rebound with the sector up 18% since early April, supported by BMO's recommendation of a 33% allocation to tech and Nvidia reaching its own all-time highs.
- Strategist Brian Belski noted the market is transitioning from 'scare me' to 'show me,' while Federal Reserve Chair Powell said rate cuts can wait until tariff impacts are clearer.
- Investors remain cautiously optimistic, welcoming easing Middle East tensions and a fragile ceasefire that has added momentum, but they watch rising tariffs, inflation risks, and earnings for future direction.
41 Articles
41 Articles
The S&P 500 has retaken all-time highs. Here's how much European and Chinese stocks raced ahead while U.S. markets regained lost ground
U.S. stocks have completed a massive roundtrip, with the S&P 500 returning back to where it was about four months ago. That’s after an epic selloff triggered by President Donald Trump’s steeper-than-expected tariffs, which have since been put on hold. Meanwhile, stocks in Europe and China have soared as investors turned away from “American exceptionalism.” The S&P 500 retook the all-time high set on Feb. 19 and surpassed it on Friday, completing…
S&P 500 hits new record high following months of Trump tariff doom and gloom
Just weeks into President Donald Trump's second term, the S&P 500 — which had risen over 20% in the previous two years — rocketed to record highs, driven up in part by a substantive increase in corporate earnings as well as the "Trump bump."After marking its all-time high of 6,144.15 on Feb. 19, the index soon began to slide, prompting anxiety among some investors and doom-saying from various analysts, especially over the potential impact of the…
The S&P 500 just ended the day inches away from completing a $9.8 trillion roundtrip. Here’s what’s going on
New York (CNN) — The S&P 500 on Thursday flirted with closing at an all-time high, vying to complete a whirlwind roundtrip that saw the benchmark US stock index shed and then regain roughly $9.8 trillion in market value across…
Stunning turnaround: US stock market on precipice of all
The S&P 500 is on the cusp of a record high. That's a remarkable change of events, since the index was on the brink of a bear market just two months ago.US stocks on Wednesday were mixed, with a new high for the S&P 500 less than 1 per cent away. The Dow was down 135 points, or 0.31 per cent, as of the early afternoon. The broader S&P 500 was flat and the tech-heavy Nasdaq Composite gained 0.25 per cent.The S&P 500 soared 2.1 per cent across the…
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