It’s not enough to save Lay Raleigh Wall Street from the four consecutive week of losing.
NEW YORK (AP) – US stocks bounced back Friday, but not enough to keep Wall Street from losing for the fourth straight week.Since August.
The S&P 500 was 1% higher in morning trading, the next dayClose the following 10% or moreThat first record:Correction“Since 2023 Dow The Jones Industrial Average rose 241 points (0.6%) as of 10:20am Eastern Time. Nasdaq Composites were 1.3% higher.
One of the uncertainties hanging on Wall Street could be liquidated after the SenateIt’s movedTo prevent the possibilityPartial shutdownof the US government. The deadline is approaching midnight.
Past closures have not been a big deal for financial markets, with investors pointing to how US economic growth has recovered after the funds recovered. However, clearing uncertainty is useful when many of them are sending large US stock markets.Scary swingNot just daily,Time to time.
There is the most heavy uncertaintyPresident Donald TrumpescalateTrade wars. So how much is the problem?painTrumpAllow the economyIt endures through tariffs and other policies to rebuild the country and the world as he wishes. The president says he wants manufacturing jobs in the US along with the US government’s workforce and other fundamental changes.
US households and businesses have already reportedI’m losing confidenceDue to uncertainty about which tariffs will stick from Trump’s barrageAbove-Also,off– Announcement announcement. It sparked fear of spending pullbacks that could potentially take energy from the economy.
A preliminary survey released Friday by the University of Michigan shows concerns appear to only worsen among US households. The measure of consumer sentiment has been sunk for the third consecutive month, mainly due to concerns about the future, rather than complaints about the present.Job MarketAnd the overall economy looks relatively solid at this point.
“Many consumers cited a high level of uncertainty about policy and other economic factors,” Joanne HSU said in a direct survey, saying, “The frequent turnover of economic policies makes future planning very difficult for consumers, regardless of their policy preferences.”
Consumers are enduring higher inflation in the future, hoping to jump in the long term from last month’s 3.5% forecast to 3.9%. This is the biggest jump of the month since 1993.
This kind of fear focuses on whether Wall Street sees the sour mood of businesses translating into the real pain of their business.
The beauty of Ulta It bouncing 8.7% after a beauty product retailer reported strong profits in the recent quarter. The company’s forecast for future revenue and profits failed to meet the analysts’ goals, but Chief Financial Officer Paula Oyibo said he wanted to be cautious “as we navigate the ongoing consumer uncertainty.” Analysts said the predictions looked better than feared.
Large tech stocks and corporate profits in the artificial intelligence industry have also helped support the market. Such stocks are under the most pressure from recent sales after critics said the price was too high in the frenzy around AI.
nvidiaIt rose 3.1% to 11.2% to trim previous 2025 losses.
In overseas stock markets, indexes rose in most parts of Europe and Asia.
Shares rose 2.1% in Hong Kong and 1.8% in Shanghai after China’s National Financial Regulation Authority issued a notice ordering financial institutions to support developmentConsumer financesWe encourage credit card use, do more to help borrowers encounter trouble, and make lending practices more transparent.
Economists say China needs to spend more money on consumers to drive the economy out of its downturn, but most advocates broader and fundamental reforms, including increased wages, social welfare, and support for public health and education.
In the bond market, the Treasury will rise, recovering some of its recent sharp losses. The 2010 Treasury yield rose to 4.29% from 4.27% in the second half of Thursday, up from 4.16% at the start of last week.
Yields have been shaking since January, when it was approaching 4.80%. Yet yields fell as concerns grew worse about the strength of the US economy. Yields rose when those concerns decreased or concerns about rising inflation decreased.
This story was originally introduced Fortune.com