Wall Street’s Wild Week: S&P 500 Soars, Coinbase Steals the Show!
S&P 500 jumps 5.3% as Coinbase joins index, fueling crypto hype! Unpack the market’s big week.

A U.S.-China tariff truce eased trade war fears, boosting investor confidence. Despite mixed signals—retail sales slowed in April, but inflation eased to a four-year low—stocks like Nvidia (up 16%) and Coinbase thrived. Coinbase’s S&P 500 entry, replacing Discover Financial Services, signals crypto’s growing mainstream acceptance. However, its high price-to-earnings ratio and a 10% Q1 revenue drop raise caution flags.
With Coinbase in the S&P 500, expect more eyes on crypto stocks. Investors should research thoroughly and diversify to navigate potential bumps. The market’s trajectory hinges on upcoming trade talks and inflation data.