#MarketRebound The market rebound is in full swing, with major indices like the S&P 500 and Nasdaq showing significant gains. Let's break down the key drivers ¹ ² ³:
- *S&P 500*: Recently closed above 6,000, marking a full recovery from its early-April dip. The current price is around 6,017.60, with a 0.18% increase.
- *Nasdaq*: Up 0.21% with a current price of 21,845.80. The Nasdaq-100 and broader tech-led indices have turned positive year-to-date in 2025.
*Key Factors Contributing to the Rebound*
- *Strong Jobs Report*: A May jobs report showing 139,000 new jobs and steady unemployment at 4.2% boosted market sentiment.
- *Tech-Led Rally*: Mega-cap tech stocks like Apple, Microsoft, Nvidia, and Meta have driven gains, with semiconductor and chip stocks seeing strong rebounds amid hopes