U.S. Stocks Climb as Inflation Data Lifts S&P 500
On Tuesday, U.S. stock markets advanced, with the S&P 500 recovering its year-to-date losses, according to BlockBeats. Softer-than-anticipated inflation figures fueled the market’s upward trajectory, extending a month-long rebound. The S&P 500 is now up 0.1% for 2025.
Before President Donald Trump’s April 2 announcement of “Liberation Day” tariffs, heightened trade tensions had pressured U.S. equities, leading to a sell-off of American assets and dimmer economic outlooks. The index dropped by up to 15% at its lowest point. However, markets stabilized after Trump paused reciprocal tariffs on most nations on April 9, drawing investors back.
Shep Perkins, equity fund manager at Putnam Investments, noted, “The dominant trend of recent months has flipped overnight. The U.S.-China trade deal is a major, unexpected win.”