The S&P 500 (SPX) is on the rise Monday as the index bounces back from a rough period last week. Much of that was related to the ongoing trade war between the U.S. and other countries. However, investors found relief today on reports that President Donald Trump will make some special exclusions from new tariffs coming next month.
Adding to this are expectations for President Trump to be softer with the retaliatory tariffs that will be announced on April 2. President Trump is calling this “Liberation Day.” While tariff news has weighed down markets, today’s has investors hopeful that the U.S. isn’t heading toward a recession.
With all of this comes a huge 1.42% rally for the SPX today. That’s a welcome change as the index has dropped 6.13% over the last three months and is down 3.64% year-to-date.
Which Stocks Are Pushing the SPX Up Today?
Turning to the TipRanks SPX heatmap tool, traders will see which stocks are lifting the index higher on Monday. The S&P 500 is largely green today with Nvidia (NVDA), Meta Platforms (META), Amazon (AMZN), and Tesla (TSLA) leading the index higher.
How to Invest in the S&P 500 Index?
Traders can’t take a direct stake in the S&P 500 as it’s only an index. Instead, they might consider buying shares rallying today in hopes of further gains. Others could buy falling stocks if they expect them to reverse current trends and rally alongside the rest of the index.
Another option is buying shares of an exchange-traded fund (ETF) that tracks the S&P 500. There are plenty of ETFs to choose from with Vanguard S&P 500 ETF (VOO), SPDR S&P 500 ETF Trust (SPY), and iShares Core S&P 500 ETF (IVV) being three with large assets under management.
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