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The S&P 500 is up almost 10% this year, despite war, inflation and AI nerves
By CNN Newsource at KVIA ABC-7
· July 1, 2026
· 4 min read
By John Towfighi, CNN
New York (CNN) — It’s been a wild few months for markets: Oil industry disruption. Resurgent inflation. Nerves about AI. Despite it all, US stocks are still trading near record highs.
The S&P 500 and Nasdaq have surged about 15% and 21%, respectively, since the end of Ma...
Key takeaway The S&P 500 and Nasdaq have surged about 15% and 21%, respectively, since the end of March, bouncing back from an Iran war-related slide for their best quarter in six years.
Why this matters in The El Paso
For El Paso residents invested in the stock market, the S&P 500's nearly 10% gain this year is a welcome development, particularly given the city's strong ties to the tech and manufacturing sectors. The surge in semiconductor and memory chip companies' stocks is especially relevant, as El Paso is home to a growing number of tech firms and manufacturing facilities. The city's business community will be watching closely to see how Big Tech companies' investments in AI infrastructure pay off, and how this might impact local job markets and economic growth. With the Dow also trading at record highs, El Paso investors may be looking to diversify their portfolios and take advantage of the city's unique position at the intersection of the US and Mexico, where trade and commerce continue to drive economic activity. As the market continues to evolve, El Paso's investors will be keeping a close eye on the performance of key sectors and companies.
About this story
Original reporting by KVIA ABC-7 . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 1, 2026 ·
Source: KVIA ABC-7 ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? By John Towfighi, CNN
New York (CNN) — It’s been a wild few months for markets: Oil industry disruption. Resurgent inflation. Nerves about AI. Despite it all, US stocks are still trading near record highs.
The S&P 500 and Nasdaq have surged about 15% and 21%, respectively, since the end of Ma...
When was this published? This article was first published on July 1, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by CNN Newsource at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The El Paso, or browse our daily briefing and topic hubs .
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