S&P 500, Nasdaq Hit New All-Time Highs As Stocks Complete Tariff Comeback
1. S&P 500 reached a record high of 6,158.48, surpassing its previous high. 2. Index gained 27% from a 15-month low on April 7 due to tariff easing. 3. Inflation report shows a 2.7% annual increase, complicating interest rate cut prospects. 4. Strong earnings from Nike fueled market optimism amid positive trade talks. 5. JPMorgan predicts challenges ahead for S&P 500, forecasting 2025 decline.