BlockBeats news, on May 13, U.S. stocks rose on Tuesday, with the S&P 500 index erasing its decline for the year to date, as lower-than-expected inflation data added momentum to the stock market's rally. The market's performance continued the rebound trend of the past month, pushing the S&P 500 index up 0.1% for the year. Trade tensions had already hurt U.S. stocks before Trump announced the 'Liberation Day' tariffs on April 2, prompting investors to sell U.S. assets and lower their growth expectations, causing the index to plummet by as much as 15%. However, after Trump suspended reciprocal tariffs on most countries on April 9, traders rushed back into the stock market. Putnam Investments equity fund manager Shep Perkins said, 'The major trends of the past few months have instantly reversed. The U.S.-China trade agreement is a huge positive surprise.' (Jinshi)