Stocks Get Late Boost as Volume Jumps to 2025 High: Markets Wrap
- BofA says tariff risk dismissed as stocks get monster inflows
- Traders hunt for stock level that draws back systematic buyers
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A rally in several tech giants spurred a late-day rebound in US stocks, following a selloff driven by disappointing outlooks from bellwethers across various industries.
Just five minutes before Wall Street’s close, the S&P 500 erased a slide that earlier topped 1%. A massive expiration of options added an extra dose of volatility, with over 21 billion shares changing hands on US exchanges - the most in 2025. Tesla Inc. led gains in megacaps, though Nvidia Corp. fell. Boeing Co. jumped on a contract to build the US’s next-generation fighter jet. Forecasts from FedEx Corp., Nike Inc. and Lennar Corp. underwhelmed traders.