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2025-05-23 10:59:31👉 The S&P 500 has gained nearly 20% since Trump's tariff pause 👉 The Nasdaq Composite has returned 24% since its early April lows 👉 The stock market's decline was driven by fears of inflation and recession 👉 The rally was driven by hopes of more manageable tariffs emerging from negotiations 👉 The reasons for the stock market's decline remain, including concerns about the economy and the S&P 500's valuation