S&P 500 erases 2025 losses as Nvidia surge leads tech rebound

Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com The S&P 500 climbed 1% on Tuesday, recovering all of its 2025 losses as investors cheered a string of favorable developments in tech, trade, and inflation.The Nasdaq Composite surged 1.6%, while the Dow Jones Industrial Average dropped 0.64%, weighed down by an 18% plunge in UnitedHealth shares after its CEO stepped down and the company suspended guidance.The rally was driven largely by a 6% gain in Nvidia, which crossed a $3 trillion market cap after news broke that it would ship 18,000 AI chips to Saudi Arabia. Other chipmakers, including Broadcom and AMD, jumped 4% each, riding momentum from renewed global demand and optimism over artificial intelligence.Adding fuel to the market rebound was a softer-than-expected Consumer Price Index reading for April. Inflation rose 2.3% year-over-year, slightly below economists’ expectations and marking the slowest annual pace since 2021. Bond traders adjusted expectations for interest rate cuts, now eyeing a September move by the Federal Reserve instead of June.Coinbase stock surged 23.97% today, rising $49.68 to close at $256.90. This came after Coinbase made history by becoming the first crypto company to join the S&P 500. Easing tensions with China Markets also reacted to the White House’s announcement of a $600 billion investment initiative and a 90-day tariff truce with China. The easing of geopolitical tensions contributed to a broader risk-on sentiment, lifting major tech stocks including Tesla (+5%) and Meta (+3%).Palantir jumped 9% following a $142 billion U.S.-Saudi defense deal, while Coinbase spiked over 18% on news of its inclusion in the S&P 500, signaling what analysts called a dramatic turnaround for the crypto industry under a more favorable regulatory climate. Source link