S&P 500 Turns Green in 2025: ETFs to Buy on Upbeat Prospects
From Nasdaq.
May 14, 2025 5:00:00 am:
- U.S. stocks surged on May 13, 2025, driven by tech sector gains and positive inflation data for April. A temporary U.S.-China trade truce also boosted market sentiment.
- The S&P 500 erased its 2025 losses, now up 0.3% YTD, marking a swift recovery from recent lows. This is the fastest turnaround from a 15% YTD drop since 1982.
- NVIDIA crossed the $3 trillion market cap mark, leading tech stocks higher. Coinbase’s addition to the S&P 500 marked a significant milestone for the crypto industry.
- April’s CPI report showed the lowest inflation rate since 2021, but the Fed remains cautious. President Trump called for rate cuts due to cooling inflation and lower consumer prices.
- Wall Street raised its S&P 500 forecasts post-U.S.-China trade truce, with predictions from Goldman Sachs, Yardeni Research, Morgan Stanley, Wells Fargo, and Fundstrat.
- Investors can focus on S&P 500 ETFs like VOO, IVV, SPY, SPMO, and others to capitalize on market movements and sector growth opportunities.
Read more at Nasdaq: S&P 500 Turns Green in 2025: ETFs to Buy on Upbeat Prospects