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Wall Street Rally Hits a Wall: S&P Stalls After Blazing 10% Climb
Wall Street Rally Hits a Wall: S&P Stalls After Blazing 10% Climb

Yahoo

time20-05-2025

  • Business
  • Yahoo

Wall Street Rally Hits a Wall: S&P Stalls After Blazing 10% Climb

May 20 Wall Street's rally paused Tuesday as investors searched for new catalysts following a more than 10% S&P 500 surge from April lows. The S&P 500 was down 0.2% at 5,950.42, while the Dow slid 0.2% to 42,693.96 and the Nasdaq Composite lost 0.2% to 19,183.74. The relative strength index for the SPDR S&P 500 ETF Trust is approaching overbought territory. Eight days ago, a tentative trade truce, which included temporary tariff cuts, sparked the current market run. That momentum wavered Monday after Moody's downgraded the U.S. credit rating, though stocks rebounded to eke out modest gains. The main takeaway seems to be that Moody's hasn't said anything the market didn't already know, said David Morrison, senior market analyst at Trade Nation. He added that investors appear confident the U.S. will resolve trade issues with partners by early June, or by August with China. Meanwhile, President Donald Trump's major tax proposal drew attention on Capitol Hill. A chance to cut deficits and curb government spending is being averted by a pork-filled tax bill that will balloon our debt, said Ross Gerber, co-founder of Gerber Kawasaki Wealth & Investment Management, on X. Among stocks, Home Depot inched lower despite reporting positive U.S. comparable sales growth. On the bond front, the 10-year U.S. Treasury yield rose three basis points to 4.49%, while the two-year yield dipped one basis point to 3.97%. This article first appeared on GuruFocus.

Musk, Bezos Gain Billions After US-China Trade Deal, But The Wealthiest 10 Are Still Down $67B In 2025
Musk, Bezos Gain Billions After US-China Trade Deal, But The Wealthiest 10 Are Still Down $67B In 2025

Yahoo

time16-05-2025

  • Business
  • Yahoo

Musk, Bezos Gain Billions After US-China Trade Deal, But The Wealthiest 10 Are Still Down $67B In 2025

A new 90-day pause and lowered tariff amounts between the United States and China have helped send the stock market higher with the S&P 500 drifting back into positive territory for 2025. The stock market gains have also helped the richest people in the world get richer. Here's a look at how the top 10 billionaires list is shaping up this year. What Happened: The 10 richest people in the world added $518 billion to their wealth in 2024, ending the year worth a combined $2.02 trillion. After the stock market's strong 2024, the wealth of the world's richest has been significantly different in 2025. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — As of May 13, only four of the world's ten richest individuals have posted gains in 2025. That's up from just three in late March, and the group's total combined wealth is inching closer to positive for the year after sharp declines in March and April. Here are the current top 10 richest people in the world, with their 2025 gain or loss, as reported by Bloomberg: Elon Musk: $370 billion, -$62.6 billion Jeff Bezos: $232 billion, -$6.9 billion Mark Zuckerberg: $231 billion, +$24.2 billion Larry Ellison: $187 billion, -$5.6 billion Bill Gates: $170 billion, +$11.3 billion Bernard Arnault: $165 billion, -$10.9 billion Warren Buffett: $160 billion, +$17.9 billion Steve Ballmer: $156 billion, +$9.2 billion Larry Page: $146 billion, -$22.6 billion Sergey Brin: $137 billion, -$21.0 billion Together the top 10 richest people in the world are worth $1.95 trillion and have lost $67 billion in 2025. The names on the top 10 list are all the same with only their placements changing from the end of 2024. The top four are the same, with Gates moving up two places, Arnault dropping one place, Buffett moving up three places, Ballmer moving down one place, Page moving down three places and Brin moving down two It's Important: Many of the world's richest have wealth tied to technology stocks, a sector hit hard by tariffs on China. With the 90-day pause and lower tariff amount, technology stocks have rebounded and helped boost the wealth of many people. The SPDR S&P 500 ETF Trust (NYSE:SPY), which tracks the S&P 500, is up 0.6% year-to-date in 2025 after spending months in the red. While Musk's wealth dropped significantly in 2025, it could be getting closer to returning to the more than $400 billion figure he had in December 2024, when Tesla Inc (NASDAQ:TSLA) stock hit all-time highs. Tesla stock is up 37% over the last month and shares are currently down 8.1% year-to-date in 2025, reversing trends from being down double digits on the year. Musk's wealth was $320 billion in late March and $310 billion in late April. With five months complete in 2025, more than half the year remains to see if the 10 richest people in the world end with a positive wealth gain or if factors like tariffs and macroeconomic concerns send stocks lower again. Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.30/share! Photo: digihelion/shutterstock Send To MSN: Send to MSN Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Musk, Bezos Gain Billions After US-China Trade Deal, But The Wealthiest 10 Are Still Down $67B In 2025 originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

MBB Leads With $1.2B Gain as Markets React to UK Trade Deal
MBB Leads With $1.2B Gain as Markets React to UK Trade Deal

Yahoo

time09-05-2025

  • Business
  • Yahoo

MBB Leads With $1.2B Gain as Markets React to UK Trade Deal

The iShares MBS ETF (MBB) pulled in $1.2 billion on Thursday, increasing its assets under management to $38.2 billion, according to data provided by FactSet. This inflow came as stocks rose Thursday, with the Dow climbing 254 points following President Donald Trump's announcement of a trade deal framework with the United Kingdom. The Vanguard S&P 500 ETF (VOO) attracted $436 million even as other large equity funds saw outflows. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) added $268 million, while the SPDR S&P Biotech ETF (XBI) gained $254 million as investors showed interest in the healthcare sector. On the outflow side, the SPDR S&P 500 ETF Trust (SPY) saw redemptions of $1.8 billion despite the S&P 500 rising 0.6% on positive trade developments. The iShares Core S&P 500 ETF (IVV) experienced outflows of $1.4 billion, while the Invesco QQQ Trust (QQQ) lost $798 million even as the Nasdaq-100 gained 1%. U.S. fixed income led asset classes with inflows of $2.9 billion, while U.S. equity funds experienced outflows of $3.2 billion. Overall, ETFs gained $1.4 billion in net inflows as markets responded to the first major trade agreement since the implementation of global tariffs earlier this year. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change MBB iShares MBS ETF 1,238.13 38,177.11 3.24% VOO Vanguard S&P 500 ETF 435.78 617,551.63 0.07% LQD iShares iBoxx $ Investment Grade Corporate Bond ETF 267.82 28,913.63 0.93% XBI SPDR S&P BIOTECH ETF 253.65 4,803.89 5.28% IAGG iShares Core International Aggregate Bond ETF 248.74 7,297.35 3.41% USIG iShares Broad USD Investment Grade Corporate Bond ETF 237.24 13,527.94 1.75% QLD ProShares Ultra QQQ 228.56 6,692.11 3.42% GLD SPDR Gold Shares 218.90 102,445.11 0.21% SSO ProShares Ultra S&P 500 215.44 5,117.60 4.21% JNK SPDR Bloomberg High Yield Bond ETF 188.82 6,748.07 2.80% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust -1,768.48 572,164.62 -0.31% IVV iShares Core S&P 500 ETF -1,410.21 561,347.99 -0.25% QQQ Invesco QQQ Trust Series I -797.58 302,332.52 -0.26% SMH VanEck Semiconductor ETF -319.05 19,635.99 -1.62% HYG iShares iBoxx $ High Yield Corporate Bond ETF -274.25 14,645.17 -1.87% IGV iShares Expanded Tech-Software Sector ETF -212.35 11,328.73 -1.87% RSP Invesco S&P 500 Equal Weight ETF -184.81 70,029.68 -0.26% VUG Vanguard Growth ETF -172.36 152,649.47 -0.11% GSLC TR Activebeta US Large Cap Equity ETF -171.88 12,602.93 -1.36% VCLT Vanguard Long-Term Corporate Bond ETF -161.99 11,868.16 -1.36% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives 20.76 9,799.94 0.21% Asset Allocation 7.94 23,922.12 0.03% Commodities ETFs 320.49 216,017.06 0.15% Currency 145.58 125,081.57 0.12% International Equity 410.27 1,712,572.51 0.02% International Fixed Income 489.86 282,270.63 0.17% Inverse 31.54 15,254.75 0.21% Leveraged 336.17 109,571.60 0.31% US Equity -3,242.92 6,446,779.43 -0.05% US Fixed Income 2,863.18 1,649,995.34 0.17% Total: 1,382.85 10,591,264.95 0.01% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved

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