Wall Street’s ‘week of drama’ on Trump chaos: Tariff hikes to Mag 7 group-5 key factors that moved US stock market


Source: livemint.com livemint.com

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Wall Street's ‘week of drama’ on Trump chaos: US stocks logged a sharp rebound in the previous session after the benchmark S&P 500 entered the correction phase earlier this week with a massive $5 trillion plunge. Wall Street investors hunted for bargains at the end of the tumultuous week. However, the fallout from US President Donald Trump’s tariff hikes and political battles continued to shake global markets and rattle US consumers. Trump's escalating trade war fueled recession fears and doused risk appetite. The moves capped a week of drama, including Trump’s on-and-off-again tariffs, recession calls, geopolitical talks, and concerns over...