U.S. stocks experienced a weekly increase after four weeks of decline, driven by President Trump’s comments on tariffs and unchanged interest rates due to persistent inflation above the Federal Reserve’s target. The S&P 500 rose 0.08%, the Nasdaq increased by 0.52%, and the Dow Jones gained 0.09%, signaling a shift in market sentiment.

U.S. stocks observed a weekly increase following a consecutive four-week decline, attributed to economic uncertainty. Inflation rates continue to surpass the Federal Reserve’s 2% target, leading to the decision to maintain key interest rates unchanged on Wednesday. The Standard & Poor’s and Dow Jones indices remained relatively stable on Friday, influenced by remarks from President Donald Trump that alleviated concerns over impending tariffs set to begin in early April.

President Trump indicated a willingness to adjust tariffs, reinforcing his strategy of employing them to mitigate the U.S. trade deficit with China. The S&P 500 advanced by 4.38 points or 0.08%, closing at 5,667.27, showcasing a 0.5% weekly gain following its previous losses. Similarly, the Nasdaq Composite Index climbed by 92.43 points or 0.52%, finishing at 17,784.05 and reflecting a minimal weekly gain.

Additionally, the Dow Jones Industrial Average experienced an uptick of 35.98 points or 0.09%, settling at 41,989.30, which marks a weekly increase of 1.2%. This upward trend in the stock market indicates a potential reversal in investor sentiment amid ongoing economic tensions and anticipations regarding fiscal policies.

In summary, U.S. stocks have rebounded after a four-week decline due to renewed investor confidence sparked by President Trump’s statements regarding tariffs. The S&P 500, Nasdaq, and Dow Jones all posted gains, alleviating some of the market’s previous losses amidst ongoing concerns about inflation and economic direction. This week’s performance reflects a cautious optimism in the investment community as economic indicators continue to unfold.

Original Source: ina.iq