Good to see, and hopefully this pattern will continue.
I like the way the author puts it: "It is a remarkable turnaround"
I like the way the author puts it: "It is a remarkable turnaround"
The S&P 500 rose to a new high on Friday, completing a swift recovery to a level last seen in February before expectations of a new business-friendly government gave way to widespread fears over the impact of trade tariffs.
It is a remarkable turnaround for a stock market that just a few months ago was being battered by investors’ fears that President Trump’s tariff proposals would bring chaos to global trade.
The S&P 500 has regained all the ground it lost in March and early April, when Mr. Trump proposed his broad array of tariffs and ignited concerns that the United States’ role as the world’s most dynamic and reliable economy was coming to a self-inflicted end.