Reported 3 days ago
US stocks rose on Friday as President Trump alleviated fears regarding escalating tariffs on China, leading to a recovery in regional bank stocks after a difficult week. The Dow Jones, S&P 500, and Nasdaq all ended the week higher, with respective gains of over 0.5%. Despite concerns about credit quality and a potential government shutdown, optimism was fueled by positive earnings reports from regional banks, which helped ease investor jitters.
Source: YAHOO