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Saturday, April 26, 2025

US stocks jump in another manic day as Wall Street closes a chaotic and historic week

by

14 days ago
20250411
U.S. stocks jumped in another manic day on Wall Street, but the falling value of the U.S. dollar and other swings in financial markets suggest worries about President Donald Trump’s trade war remain high.

U.S. stocks jumped in another manic day on Wall Street, but the falling value of the U.S. dollar and other swings in financial markets suggest worries about President Donald Trump’s trade war remain high.

U.S. stocks jumped in an­oth­er man­ic day on Wall Street, but the falling val­ue of the U.S. dol­lar and oth­er swings in fi­nan­cial mar­kets sug­gest wor­ries about Pres­i­dent Don­ald Trump’s trade war re­main high.

The S&P 500 rose 1.8% Fri­day af­ter veer­ing be­tween gains and loss­es, clos­ing a his­toric week full of mon­strous swings. But the falling val­ue of the U.S. dol­lar and oth­er swings in fi­nan­cial mar­kets sug­gest wor­ries about Pres­i­dent Don­ald Trump’s trade war re­main high.

The Dow Jones In­dus­tri­al Av­er­age went from an ear­ly loss of near­ly 340 points to a gain of 810 be­fore clos­ing with a gain of 619 points.

The Nas­daq com­pos­ite rose 2.1%. Stocks kicked high­er as pres­sure eased a bit from with­in the U.S. bond mar­ket.

By STAN CHOE


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