Reported about 24 hours ago
U.S. stock markets showed signs of recovery on Friday, with the Dow, S&P 500, and Nasdaq managing to trim earlier losses as investors reacted to mixed messages from the Federal Reserve and President Trump's comments on tariffs. The markets had earlier faced declines amid concerns over economic forecasts, but Trump's statement indicating 'flexibility' in tariff plans provided a much-needed boost, helping to halt a four-week downturn for the S&P 500 and Nasdaq. Notably, companies like FedEx and Nike faced negative reactions from investors due to economic outlook concerns, further complicating the trading landscape.
Source: YAHOO