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Wall Street Holds Steady as S&P 500 Erases 2025 Losses
The U.S. stock market is searching for direction after the S&P 500 erased its losses for 2025, signaling renewed investor confidence. Futures on the S&P 500 edged up 0.2%, while Dow Jones Industrial Average futures hovered near the flat line. Meanwhile, Nasdaq 100 futures rose 0.3%, driven by Nvidia’s continued rally.
The chipmaker’s stock surged following optimism around AI investments and easing trade tensions between the U.S. and China. Nvidia’s market capitalization is now firmly above the $3 trillion mark, reinforcing its dominance in the tech sector.
Despite the positive momentum, uncertainty around tariffs continues to weigh on corporate outlooks. American Eagle withdrew its financial guidance due to macroeconomic concerns, while Sony warned of a $700 million impact from U.S. tariffs. Investors remain cautious as earnings season unfolds, with companies navigating the evolving trade landscape.
As Wall Street assesses the broader economic picture, market participants are keeping a close eye on upcoming inflation data and geopolitical developments that could shape future trends.
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