Wall Street is reacting to President Donald Trump’s recent threats regarding tariffs with a sense of resilience, as major U.S. stock indexes experienced gains.
The S&P 500 saw an increase of 0.7% on Monday, recovering from a previous week marked by concerns about the potential economic impact of tariffs. Meanwhile, the Dow Jones Industrial Average rose by 0.4%, and the Nasdaq composite experienced a notable uptick of 1%.
The announcement of tariffs on all imports of steel and aluminum led to a significant surge in the stock prices of U.S. producers in these industries. Additionally, McDonald’s shares climbed, benefiting from strong performance in its international restaurant operations. Treasury yields remained relatively stable within the bond market.
On Monday, the S&P 500 gained 40.45 points, or 0.7%, closing at 6,066.44.
The Dow Jones Industrial Average increased by 167.01 points, or 0.4%, finishing at 44,470.41.
The Nasdaq composite climbed by 190.87 points, or 1%, reaching 19,714.27.
The Russell 2000 index, which tracks smaller companies, also saw an increase of 8.23 points, or 0.4%, closing at 2,287.94.
Looking at the year-to-date figures, the S&P 500 has gained 184.81 points, or 3.1%.
The Dow Jones has risen by 1,926.19 points, corresponding to a 4.5% increase.
The Nasdaq composite has advanced by 403.48 points, or 2.1%.
Finally, the Russell 2000 index has shown growth, up 57.78 points or 2.6%.
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