S&P 500 wipes out 2025 losses as stocks extend rally

Inflation data helps Wall Street benchmark rebound from 15 per cent fall sparked by Donald Trump’s tariffs

May 13, 2025 - 20:58

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S&P 500 wipes out 2025 losses as stocks extend rally

Inflation data helps Wall Street benchmark rebound from 15 per cent fall sparked by Donald Trump’s tariffs

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Microsoft to axe 3% of workforce in latest round of job cuts

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