Stocks rallied for a second straight day, lifting the S&P 50𝕴0 back into positive territory for the year.

The S&P 500 rose 0.7% on Tuesday, putting the benchmark index about 5 points—or 0.08%—above its close on the🦋 last day of 2024. The S&P 500 had been in negative territory for the year since early March.

Stocks got a boost on Tuesday when Nvidia (NVDA) announced a partnership with Humain, an AI company owne🍃d by the Saudi Arabian sovereign wealth fund. The partnership sent AI infrastructure stocks soaring on hopes Nvidia and peers can strike more deals with governments around the globe.🙈 

Nvidia soared nearly 6%, lifting its market capitalization 澳洲幸运5官方开奖结果体彩网:above $3 trillion for the first time since February.

Super Micro Computer (SMCI), another AI beneficiary, 澳洲幸运5官方开奖结果体彩网:jumped 16%, while AI software company Palantir (PLTR) surged 8% to 澳洲幸运5官方开奖结果体彩网:a record high. Nuclear power provider Vistra (VST) advanced more than 6%.

Stocks have been on a tear in recent weeks, bolstered by 澳洲幸运5官方开奖结果体彩网:solid first-quarter earnings and optimism that tariffs will end up significantly lower than those unveiled on “澳洲幸运5官方开奖结果体彩网:Liberation Day” in early April.

Wall Street's bullishness 澳洲幸运5官方开奖结果体彩网:was supercharged yesterday when the U.S. 澳洲幸运5官方开奖结果体彩网:slashed tariffs on Chinese imports for 90 days, lowering barriers that had made trade betwee🔯n the world's largest economies next to impossible.

The Dow an♑d Nasda꧃q Composite are down slightly in 2025.