Let's Have a look into Wall Street (stock market)
Wall Street continued its upward momentum on Tuesday, fueled by easing US-China trade tensions and milder inflation data that lifted investor sentiment. The S\&P 500 rose 0.7%, returning to positive territory for 2025, while the Nasdaq 100 climbed 1.6%, bolstered by a strong rebound in chip makers. Nvidia jumped 5.6% after revealing a significant AI chip agreement with Saudi Arabia, pushing up peers like AMD and Broadcom by more than 4%. In contrast, the Dow dropped 270 points as UnitedHealth shares tumbled 17.8% following the CEO’s exit and the halt of future guidance. April’s consumer price index showed a 2.3% year-over-year increase, slightly below forecasts, reinforcing expectations that inflation is cooling and rate cuts may be on the horizon. Investor confidence was also lifted by a $600 billion investment plan from the White House and renewed optimism around a 90 day freeze on US-China tariffs. A blend of favorable macroeconomic trends and geopolitical developments has rekindled bullish momentum throughout the markets.
source: tradingeconomics.com