US stocks wipe out steep losses that followed Trump’s ‘liberation day’

US stocks rallied on Friday, wiping out steep losses following Donald Trump’s “liberation day” announcement of steep tariffs a month ago, after data on the labor market exceeded expectations.

The 177,000 jobs added in April, according to the Bureau of Labor Statistics, surpassed the 135,000 predicted by economists polled by Bloomberg.

The S&P 500 jumped as much as 1.2 per cent after Friday’s market open, bringing it above the closing level from April 2, when Trump unveiled his so-called “reciprocal tariffs”.

Wall Street’s benchmark share index had plunged as much as 15 per cent in several days of turbulent trading following the US president’s announcement, triggering tumult across global financial markets.

But global equities have since largely recovered, helped by signs of a possible thaw in trade tensions, including comments by China’s commerce ministry on Friday that Washington had recently expressed “a desire to engage in discussions” on the issue.

“This rally seems to be on the expectation that — with regards to tariffs — the worst has passed,” said Ajay Rajadhyaksha, global chair of research at Barclays.

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BJ -
Shockingly this is not the narrative being reported by the Democrat Media Bubble Cult.
Poor Dems - another narrative bites the dust.
The Trump stock market is 15-5 since April 20.
Among the best streaks in history.
 
So the stock market rebounded once Trump bailed on his dumb tariffs and you guys think that proves he's great?

It just shows his tariffs are stupid and destructive.
You said Biden was fine
You probably complained about losing $trillions
You probably bought the Russia! Russia! Russia!
You have no idea that the whole tarrif thing is actually got us better deals.. quite a few.
You are probably still going on about "The PLANE!!!!!"

In other words - you think you can call someone stupid??

LOL
 
You said Biden was fine
You probably complained about losing $trillions
You probably bought the Russia! Russia! Russia!
You have no idea that the whole tarrif thing is actually got us better deals.. quite a few.
You are probably still going on about "The PLANE!!!!!"

In other words - you think you can call someone stupid??

LOL

When Trump places tariffs, the markets go down. When Trump lifts tariffs, the market goes up.

The market has clearly rejected Trump’s bullshit.
 
You believe Veggie *Joe created a million jobs the day people went back to work when covid restrictions were lifted. Nobody listens to a quack.
Do you believe that there was "A DAY" where a million people went back to work?

LAUGHINGattheCULT.
 
The Trump stock market is 15-5 since April 20.
Among the best streaks in history.
Great comeback.
Like being down by 40 points in an NFL game, and now you are ONLY down 20.
Still behind dude.
 
He bailed on the reciprocal tariffs a week after he announced them, during which time the SP500 cratered by 12%.
Really? Which ones? Be specific and bring a link, Moroner.
 
US stocks rallied on Friday, wiping out steep losses following Donald Trump’s “liberation day” announcement of steep tariffs a month ago, after data on the labor market exceeded expectations.

The 177,000 jobs added in April, according to the Bureau of Labor Statistics, surpassed the 135,000 predicted by economists polled by Bloomberg.

The S&P 500 jumped as much as 1.2 per cent after Friday’s market open, bringing it above the closing level from April 2, when Trump unveiled his so-called “reciprocal tariffs”.

Wall Street’s benchmark share index had plunged as much as 15 per cent in several days of turbulent trading following the US president’s announcement, triggering tumult across global financial markets.

But global equities have since largely recovered, helped by signs of a possible thaw in trade tensions, including comments by China’s commerce ministry on Friday that Washington had recently expressed “a desire to engage in discussions” on the issue.

“This rally seems to be on the expectation that — with regards to tariffs — the worst has passed,” said Ajay Rajadhyaksha, global chair of research at Barclays.

Read More at -

BJ -
Shockingly this is not the narrative being reported by the Democrat Media Bubble Cult.
Poor Dems - another narrative bites the dust.
The Trump stock market is 15-5 since April 20.
Among the best streaks in history.
Great comeback.
Like being down by 40 points in an NFL game, and now you are ONLY down 20.
Still behind dude.
DJIA is up for the year and up since his election.
 
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When Trump places tariffs, the markets go down. When Trump lifts tariffs, the market goes up.

The market has clearly rejected Trump’s bullshit.

You are such a myopic simpleton.
 
The Trump stock market is 15-5 since April 20.
Among the best streaks in history.

DJIA is up for the year and up since his election.

And all of the other metrics that the left doesn't understand are in a better state.
 
DJIA is up for the year and up since his election.
Why are you touting..."For the year" and "Election Date"

Down since trumps inauguration........right?



Your 2 random dates are just fluff, to add to the Big Lie.
 
Why are you touting..."For the year" and "Election Date"

Down since trumps inauguration........right?



Your 2 random dates are just fluff, to add to the Big Lie.

Your one random date is just fluff to add to the big lie that the economy is falling apart. And even so, Trump is only about 500 behind Biden's last trading day Jan 17. So when it surpasses it, I'm sure you'll be right here apologizing.
 
Your one random date is just fluff to add to the big lie that the economy is falling apart. And even so, Trump is only about 500 behind Biden's last trading day Jan 17. So when it surpasses it, I'm sure you'll be right here apologizing.
No apology needed.
I want the market to rise, bring on DOW 50,000.

I'm just posting FACTS.

Why would the first trading day in January be more relevant than Trumps first trading day?

Jan 20th, 2025. 44,025
Today, May 19th, 2025. 42,792

FACTS ^^^^^^^^^^^
 
No apology needed.
I want the market to rise, bring on DOW 50,000.

I'm just posting FACTS.

Why would the first trading day in January be more relevant than Trumps first trading day?

Jan 20th, 2025. 44,025
Today, May 19th, 2025. 42,792

FACTS ^^^^^^^^^^^
Why would Inauguration Day be more relevant than Election Day, since the market looks forward?
 
It's certainly been a good month in the market. I expect we'll soon look at the April downturn as just a little blip or what it definitely was, a buying opportunity.
 
No apology needed.
I want the market to rise, bring on DOW 50,000.

I'm just posting FACTS.

Why would the first trading day in January be more relevant than Trumps first trading day?

Jan 20th, 2025. 44,025
Today, May 19th, 2025. 42,792

FACTS ^^^^^^^^^^^
So you’re saying Biden had more to do with the stock market increase between Nov 5 and Jan 20 than Trump?
 

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