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S&P 500, Nasdaq 100 Erase 2025 Drop as Trade Hope Sparks Rebound

Markets

Esha Dey

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May 13, 2025

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Bloomberg

The S&P 500 and Nasdaq 100 indexes turned higher for the year on Tuesday, reversing multi-trillion dollar routs, as enthusiasm for US stocks grows with global trade tensions cooling after the Trump administration and China agreed to temporarily lower tariffs.

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