#MarketRebound

The S&P 500 has surged 18% since its April lows, erasing losses from the "Liberation Day" tariff panic. Tech leads the charge—the Magnificent Seven (Apple, Nvidia, Meta) account for 40% of gains, with NVDA up 30% post-earnings. But signs of broadening emerge: industrials, financials, and small caps are gaining traction as earnings growth spreads beyond megacaps. Risks remain—10-year Treasury yields near 4.5% could cap gains, and trade tensions linger. Investors are diversifying into international equities and value stocks, betting the rally has legs. Stay nimble; volatility isn’t done yet.