U.S. Stocks Experience Weekly Gains After Declines Despite Inflation Concerns

U.S. stocks rose after four weeks of declines, as inflation remains above target. The Federal Reserve held interest rates steady. Positive comments from President Trump regarding tariffs boosted market confidence, with key indexes posting weekly gains despite previous lows.

United States stocks experienced a weekly increase following four consecutive weeks of decline, primarily driven by uncertainty surrounding the economic landscape. Inflation rates continue to exceed the Federal Reserve’s target of 2%, resulting in the decision to maintain key interest rates unchanged during the recent Wednesday meeting.

The Standard & Poor’s 500 and the Dow Jones Industrial Average concluded Friday with minimal changes, recovering from their previous lows. This rebound was bolstered by comments from President Donald Trump, who suggested that the impending tariffs set to take effect in early April may not be as severe as initially anticipated. He emphasized flexibility regarding the tariffs, aimed at reducing the trade deficit with China.

Specifically, the S&P 500 closed at 5,667.27, marking a rise of 4.38 points or 0.08%, and showcased a weekly gain of 0.5%, succeeding a series of four weekly losses. The Nasdaq Composite Index also reported an increase of 92.43 points, or 0.52%, reaching 17,784.05, and managing a slight 0.15% weekly gain. Furthermore, the Dow Jones climbed 35.98 points, or 0.09%, closing at 41,989.30 with a notable weekly increase of 1.2%.

The recent uptick in U.S. stocks reflects a cautious optimism following weeks of declines, driven by inflation concerns and Federal Reserve policies. President Trump’s comments about tariffs added to this positive sentiment, with major indexes like the S&P 500, Nasdaq, and Dow Jones all showing gains after a prolonged downturn. Investors may watch upcoming economic indicators closely to gauge future market movements.

Original Source: ina.iq