"S&P 500 Sets New Record, Dow Surges 475 Points in Today's Stock Market"

The US stock market rebounded with the S&P 500 hitting a fresh record and the Dow surging over 475 points. The rebound followed a three-day losing streak for the S&P 500, with the index on track for its fifth-straight monthly gain. Meme stocks like Reddit and Trump Media saw fluctuations, while Paramount Global's debt rating was downgraded to junk. Additionally, there was a 'stealthy' rotation in sectors, and Disney settled a lawsuit with Florida over a special tax district. Carnival Corporation noted a potential $10 million impact from the collapse of a bridge in Baltimore, and Robinhood launched its first credit card.