From Yahoo Finance: 2025-05-06 11:49:00

Stocks have rebounded after April’s downturn for two main reasons – quick market recoveries and easing tariff tensions. Saira Malik, chief investment officer at Nuveen, cites strong first-quarter earnings growth, with a 12% increase exceeding expectations of 6%. Tech giants like Meta, Alphabet, and Microsoft have boosted the Nasdaq Composite by 13.5% despite tariff concerns. The S&P 500 and Dow Jones ended long winning streaks, but all major indexes are negative for the year. Malik advises against hoarding cash due to potential Fed rate cuts, suggesting higher returns in fixed income and high-yield corporate bonds instead.



Read more at Yahoo Finance: Nuveen CIO Saira Malik decodes the stock market’s post-‘Liberation Day’ rally