Markets Wrap: S&P 500 Rebounds After Six-Month Low as Tariff Jitters Drive Bond Rally
The S&P 500 recovered from early losses on Monday to close 0.5% higher after briefly dropping as much as 1.7%.
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The S&P 500 recovered from early losses on Monday to close 0.5% higher after briefly dropping as much as 1.7%.
Stocks sold off sharply on Friday, driven by rising uncertainty over U.S. trade policy and renewed inflation concerns.
Stocks declined on Thursday as investors reacted to President Donald Trump’s latest trade measures, including new tariffs on foreign automakers.
Stocks dipped on Wednesday, led lower by tech shares, as pressure on the tariff front mounted.
The S&P 500 edged higher on Friday, avoiding a fifth consecutive week of losses driven by trade policy turmoil, recession concerns, and weakness in megacap technology shares.
The S&P 500 slipped on Thursday as uncertainty surrounding the U.S. economy continued to weigh on equities, hindering the market’s efforts to recover from a monthlong decline.
The Dow Jones Industrial Average rose 0.86%, closing at 42,297.12, driven by gains in non-tech sectors like Caterpillar, JPMorgan, and UnitedHealth.
On Friday, U.S. stocks experienced significant losses following a stronger-than-expected jobs report that dampened expectations for additional Federal Reserve rate cuts this year.
The S&P 500 posted a modest gain of 0.16%, closing at 5,918.25, while the Nasdaq Composite slipped 0.06% to 19,478.88.
Stocks declined on Tuesday, driven by strong economic data that raised concerns about the potential delay in Federal Reserve rate cuts this year.