Rare event may send S&P 500 soaring
Here's what could happen to the S&P 500 next.
The S&P 500's rally off the lows on April 9 has been impressive and broad-based. Most stocks have participated in the move higher, including beaten-up technology stocks that bore the brunt of the post-tariffs early-month sell-off.
After President Trump unveiled worse-than-hoped reciprocal tariffs on April 2, so-called Liberation Day, the S&P tumbled 12% through April 8. The sharp and fast selling contributed to President Trump pausing most reciprocal taxes on April 9 for 90 days to negotiate deals with impacted countries.