Wall Street experienced a volatile week, with concerns about the economy and tariffs dominating the market. The S&P 500 and Dow Jones Industrial Average both climbed on Friday, recovering from earlier losses. The head of the Federal Reserve reassured the market about the stability of the economy, easing concerns about interest rate cuts. A jobs report released Friday morning showed positive growth, but some economists warned of underlying issues. Businesses are grappling with uncertainty surrounding tariffs, which could impact hiring and consumer confidence. Trump’s back-and-forth on tariffs adds to the confusion. In the bond market, Treasury yields fluctuated throughout the day. Walgreens Boots Alliance and Broadcom saw positive gains, while Hewlett Packard Enterprises and Costco reported weaker performances. Overall, the S&P 500 rose, along with the Dow Jones and Nasdaq composite. Stock markets in Germany and elsewhere in Europe and Asia fell, highlighting global economic concerns.
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