New York – American actions have closed a big Friday of all time, another important step in the remarkable recovery in the market of a spring dive caused by fears that the commercial policies of the Trump administration could harm the economy.
American actions close at a record level only a few months after diving on fellow fellows
By Damian J. Troisé and Alex Veiga Ap Business Writers
American actions have closed to a record level, another important step in a remarkable recovery of a spring dive caused by fears that the trade policies of the Trump administration could not affect the economy. The S&P 500 increased by 0.5% and ended above its previous record set in February. The NASDAQ composite has won 0.5% and has set its own level of all time. The industrial average of Dow Jones has increased by 1%. Friday, President Donald Trump’s decision to stop commercial talks with Canada threatened to derail the Wall Street race to a record, but the market has stabilized. Nike was the largest winner in the S&P 500 with a gain of more than 15%.
The S&P 500 increased by 0.5%, finishing above its previous record set in February. Wall Street’s key health measurement fell from almost 20% from February 19 to April 8.
The complete reversal of the market of its deep escape occurred in about half of the time it takes normally, said Sam Stovall, chief investment strategist at CFRA.
“Investors will sigh in relief,” he said.
The NASDAQ composite has won 0.5% and has set its own level of all time. The industrial average of Dow Jones has increased by 1%.
Friday, President Donald Trump’s decision to stop commercial talks with Canada threatened to derail the Wall Street race to a record, but the market stabilized after the S&P 500 briefly became negative.
Friday, the gains were wide, with almost all the S&P 500 sectors up. Nike climbed 15.2% for the greatest gain on the market, despite the steep warning of prices.
The wider market has apparently shaken fears concerning the Israel-Iran war to disrupt the global supply of crude oil and send higher prices. A ceasefire between the two nations is still in place.
Brut oil prices in the United States increased by 0.4% to $ 65.52 per barrel. Prices have dropped to pre-conflict levels.
Investors also monitor potential progress in commercial conflicts between the United States and its business partners, especially China. The two countries have signed a trade agreement that will allow American companies to more easily obtain magnets and minerals from rare land from China which are essential for the manufacture and production of micropuits, said Scott Bessent, secretary of the US Treasury on Friday.
The Chinese Ministry of Commerce also said that the two parties had “also confirmed the details of the executive” for their commercial talks. But his declaration did not explicitly mention an agreement to ensure that we have access to rare earths, and rather declared that it would examine and approve “eligible export requests for controlled articles”.
An update on Friday inflation showed that prices were higher in May, although the rate has mainly paired the projections of economists.
Inflation remains a great concern for businesses and consumers. Trump’s Trump’s pricing policy has made it difficult for companies to make financial forecasts. This has also expressed more pressure on worried consumers of already obstinate inflation. A long list of companies from car manufacturers to retailers has warned that higher import taxes will likely harm their income and profits.
The United States has 10% basic prices on all imported products, as well as higher rates for Chinese products and other imports on steel and cars. The economy and consumers have remained somewhat resilient, although analysts and economists expect to see the impact increase while import taxes continue to make their way thanks to companies with consumers.
“Although we also expected to see a little more pass in inflation statistics, we always expect these impacts to appear more significantly in the coming months,” said Greg Wilensky, American director of fixed income and portfolio at Janus Henderson.
The threat of more serious prices continues to stay on the economy. The current break on a series of reprisal rates against a long list of nations is expected to expire in July. The non-negotiation of transactions or further postpone prices could again stretch investors and consumers.
The federal reserve monitors the tariff situation by emphasizing inflation. The inflation rate was stubbornly seated just above the central bank target by 2%. Friday, in a report, its favorite gauge, the personal consumer expenditure index, increased to 2.3% in May. This increases compared to 2.2% the previous month.
The Fed reduced interest rates three times at the end of 2024 following a historic series of rate increases to cool inflation. The PCE reached 7.2% in 2022 while the most used consumer price index reached 9.1%.
The Fed has not reduced rates so far in 2025 for concerns that prices could revive inflation and hinder the economy. Economists still expect at least two rate drops before the end of the year.
Bond yields remained relatively stable. The yield on the 10 -year treasure increased to 4.27%, compared to 4.24% Thursday evening. The two -year -old treasure yield, which more closely follows the expectations of what the Federal Reserve will do, has ahead of Thursday evening ahead of 3.74%.
All in all, the S&P 500 increased from 32.05 points to 6,173.07. The DOW won 432.43 points at 43,819.27 and the NASDAQ added 105.55 points to 20,273.46.
The stocks in Europe were mostly higher, while the actions in Asia finished mixed.