As of mid-May 2025, the S&P 500 has turned positive year-to-date (YTD) for the first time in many weeks. Stocks across multiple sectors have broadly recovered from the jolt of tariff news and other volatility throughout April.
The return to an upward trajectory may suggest the possibility of future stability—although trade disputes are ongoing and the Trump administration has only paused, not canceled, many of its tariff policies. That's not to say, though, that every company has come out ahead along with the improvement in the market.
