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Monday, April 7, 2025

Stocks Quickly Wipe Out Losses as Bonds Tumble

 


Stocks halted a selling stampede as Wall Street traders sought signs of a bottom after a $9.5 trillion global wipeout that put the S&P 500 on the brink of a bear market.

The S&P 500 rose 3% on Monday, reversing an earlier slide of about 5%. Bonds erased their rally, but markets continued to price around 100 basis points in policy easing by the end of 2025- equivalent to four quarter-point cuts.

https://www.bloomberg.com/news/articles/2025-04-06/s-p-500-futures-slump-as-tariff-turmoil-deepens-markets-wrap

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