#MarketRebound

Market Rebound Snapshot

1. Major index turnaround

The S&P 500 recently closed above the 6,000 level—first time since February—marking a full recovery from its early-April dip coming close to a bear market .

Gains were driven primarily by a strong May jobs report (+139K new jobs, unemployment steady at 4.2%) .

2. Tech-led rally & expanding breadth

Mega-cap tech stocks—the “Magnificent Seven” (like Apple, Microsoft, Nvidia, Meta)—have been at the forefront, yet recent action shows broader participation across sectors .

Semi-conductor and chip stocks saw strong rebounds amid hopes for eased U.S.–China tech export restrictions .