Stock Market Sees Rally After Volatile Week, Losing Month
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all closed with gains on Friday, reversing earlier losses and capping a losing month for Wall Street. Investors are waiting anxiously for the release of the Federal Reserve's preferred inflation gauge, while also grappling with President Trump's latest trade threats, which have sparked concerns about a global economic slowdown. The rally comes as markets rebound from sharp weekly and monthly losses caused by tariff moves.
- This relief rally may prove short-lived if investors begin to worry that the recent volatility was just a prelude to further market turbulence.
- How will the impact of these tariffs on global trade and the economy be felt in terms of GDP growth and inflation rates over the coming months?