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US Stocks Hit Record Highs Amid Trade Policy Concerns
- On Friday, U.S. stock markets hit new all-time highs as the S&P 500 reached 6,187.68 and the Nasdaq closed at 20,311.51 in New York.
- This surge followed a volatile period after President Trump announced reciprocal tariffs on April 2, which initially caused a market downturn and global equity losses.
- The rally included gains in key Club holdings like Nvidia, Microsoft, Capital One, and Crowdstrike, with Nvidia’s market cap increasing to $3.8 trillion as demand remained strong.
- Federal Reserve Chairman Jerome Powell characterized the economy as maintaining strength and indicated that the central bank is prepared to hold off on reducing interest rates for the time being, while Jim Cramer advised purchasing stocks during Friday's morning session.
- The record highs and resilient economy suggest investor confidence rebounded despite lingering uncertainty over trade policy, monetary direction, and geopolitical tensions.
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What Tariffs? Nasdaq, S&P 500 Climb to Record Highs as Netflix, Disney Continue Huge Runs
The Great Tariff Panic of 2025 that gripped Wall Street in April? It appears in the rearview mirror now, with the S&P 500 and Nasdaq closing at new all-time highs on Friday. A number of prominent media and tech companies have been riding the wave to fresh highs as well, with Netflix increasing 1.26% and closing at a company-record $1,323.12 per share on Friday — a day after setting its previous high mark. The streaming heavyweight’s stock price …
·United States
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On the New York Stock Exchange, the S&P 500 and NASDAQ benchmarks surpassed their highest historical level in the session on Friday, a striking rebound after the collapse of markets in April triggered by Donald Trump's protectionist policy.
·Montreal, Canada
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Total News Sources14
Leaning Left2Leaning Right0Center6Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
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