Stock Market Update: S&P 500 Extends Gains Amid Easing Trade Tensions

Reported 1 day ago

U.S. stocks experienced gains on Friday, with the S&P 500 reaching a five-day winning streak and the Nasdaq rising over 7% for the week, driven by easing trade tensions between the U.S. and China. Despite a decline in consumer confidence, optimism surrounding trade deals and a potential tax bill from President Trump contributed to the positive market sentiment. However, worries about inflation and tariff impacts remain prevalent.

Source: YAHOO

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