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S&P 500 Losses Reverse as Canada, Ukraine Tensions Ease
- Over $5.5 trillion has been erased since S&P 500’s high
- Progress on Ukraine truce talks tempered market swoon
- Canada leaders stand firm after Trump boosts tariffs
- US stocks tumble with S&P 500 nearing a correction
Today’s intraday reversal by the S&P 500 is remarkable. After being down as much as 1.5%, the index is now on track to end the day in the green. That would be just the fourth time since the start of 2023 that it has erased a loss of 1% or more and closed higher.
