#CryptoCPIWatch S&P 500 Erases 2025 Losses As Nvidia Surge Leads Tech Rebound

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.