Reported 1 day ago
U.S. stocks ended higher on Friday following comments from Federal Reserve Chair Jerome Powell, who stated the economy is in a stable position. However, concerns over U.S. trade policy led to the largest weekly decline in months, with the S&P 500 and Nasdaq experiencing multiple weeks of losses. Despite a slight rebound, the S&P 500 ended the week down 3.1%, reflecting worries about economic growth and consumer spending amid ongoing trade tensions and tariff uncertainties.
Source: YAHOO