The S&P 500 recovers its year-to-date decline — geopolitical risks are “digested”

On April 13, all three major U.S. stock indices rose across the board. The S&P 500 rose by 69.35 points (1.02%) to close at 6,886.24 points, successfully wiping out all declines earlier in the year; the Nasdaq Composite rose 1.23%, marking the ninth consecutive trading day of gains; and the Dow Jones Industrial Average rose by 301.68 points (0.63%) to close at 48,218.25 points.
On the sector level, nine of the eleven S&P 500 sectors rose and two fell. The financial sector (+1.73%) and the technology sector (+1.72%) led the gains, while utilities (-1.19%) and consumer staples (-1.04%) came under pressure and fell, reflecting a shift in funds from defensive sectors to risk-on sectors.
🔍 Rebound logic analysis: Although the U.S.-Iran negotiations have not produced an agreement, the “door is not shut.” U.S. President Trump said he received a phone call from a “proper person” in Iran, who said they hope to reach an agreement, and the next round of direct talks may be held on April 16. BlackRock upgraded its U.S. stocks rating from “Neutral” to “Overweight,” believing that the Iran war’s impact is under control and strong corporate performance will create a favorable environment for U.S. stocks. Goldman Sachs also expects that as systematic investors’ positions fall to multi-year lows, the U.S. stock market may see record-level fund inflows. #Gate广场四月发帖挑战