Stocks rallied for a second straight day, lifꦗting the S&P 500 back into positive territory for the yea😼r.

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 sin🉐ce early March.

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

Nvidia soared nearly 6%, lifting its market capitalization 澳洲幸运5开奖号码历史查询:above $3 trillion for the first time since February.

Super Micro Computer (SMCI), another AI beneficiary, 澳洲幸运5开奖号码历史查询:jumped 16%, while AI software company Palantir (PLTR) surged 8% to 澳洲幸运5开奖号码历史查询: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开奖号码历史查询:solid first-quarter earnings and optimism that tariffs will end up significantly lower than those unveiled on “澳洲幸运5开奖号码历史查询:Liberation Day” in early April.

Wall Street's bullishness 澳洲幸运5开奖号码历史查询:was supercharged yesterday when the U.S. 澳洲幸运5开奖号码历史查询:slashed tariffs on Chinese imports for 90 d🥀ays, lowering barriers that had made trade between the world's largest economies next to impossible.

The Dow and Nasdaq Composite are𝔍 down slightly in 2025.