#MarketRebound

NEW YORK, May 16 (Reuters) - The market's momentum following the trade truce between the United States and China has brought stocks back into the spotlight of historical highs, but caution regarding the economic consequences of remaining tariffs and higher stock valuations may slow gains in the short term.

The S&P 500 (.SPX) has risen 18% since it hit its lowest closing point of the year on April 8, erasing the benchmark index's losses for 2025 and placing it about 4% from its historical peak reached in February.