Stocks end mixed, S&P 500 wipes out 2025 losses
From Yahoo Finance: 2025-05-13 09:07:00
Stocks closed mixed as the S&P 500 surged after the latest inflation report and US-trade tensions eased. Dow fell, S&P rose, Nasdaq jumped. Nvidia up 5.6% sending AI chips to Saudi Arabia. Markets react to tariff reductions between US and China. Analysts await impact on trade amid inventory glut.
S&P 500 and Nasdaq opened higher, Dow down after soft April inflation data. CPI eases at 2.3%, core inflation steady at 2.8%. Market reacts, futures show gains. Analysts monitor Fed response. Goldman Sachs reduces recession odds to 35%. Tariffs influence consumer economy, focus on inflation report.
Stocks ended higher on Monday after US-China deal. S&P up 3.26%, Nasdaq in bull-market. Pause in reciprocal tariffs boosts markets. Global investors optimistic. US-Japan trade talks stall, South Korea waits for election. Eurozone plans retaliatory tariffs on US goods. Trade policy uncertain.
Investors bet on avoiding recession as Goldman Sachs lowers odds. Treasury bond yields rise. Focus on April inflation report. Analysts expect prices to jump at 0.3%, annual rate at 2.4%. Tariffs affect consumer goods. Benchmark 2-year Treasury note yields surge. Dollar index lower at 101.542.
Stocks set for muted open with S&P and Dow lower, Nasdaq down. Nvidia, Tesla, Coinbase active in premarket. Europe’s Stoxx 600 slips, FTSE 100 edges higher. Japan’s Nikkei at three-month high, MSCI ex-Japan lower. Tariff truce impacts market sentiment. Trade tensions continue globally.