Stock Market Rally Risks Losing Steam as Economic Bounce Fades

Traders work on the floor of the American Stock Exchange. US stocks have defied skeptics this year as they climbed to records despite a global trade war, lingering fiscal fears and September’s gloomy reputation. But for investors fretting about the rally’s durability, the economy may be sending a warning that the momentum is about to fade. Most Read from Bloomberg The S&P 500 Index has added $15 trillion in market value since early April and notched 27 records in 2025. Its 34% gain over the last five m ...