Wall Street Rebounds Amid Tariff Concerns
US stocks partially recover from last week's losses driven by concerns about President Trump's tariffs affecting the economy. The S&P 500, Dow Jones, and Nasdaq show gains. Companies like Wayfair and Tyson Foods led the recovery, countering losses from On Semiconductor. Economic updates and corporate earnings continue to influence the market.
US stocks are rebounding from steep losses faced the previous week, amid apprehensions over President Trump's tariffs potentially impacting the economy.
The S&P 500, Dow Jones Industrial Average, and Nasdaq all saw gains as major companies like Wayfair and Tyson Foods posted commendable earnings, offsetting declines from On Semiconductor.
With the aftermath of weak job growth figures and questions about tariff implications, Wall Street remains alert to further economic updates and earnings reports from leading companies.
(With inputs from agencies.)
Advertisement
Google News