Stocks ended a holiday-shortened trading week at record highs as a better-than-expected June jobs report cooled fears of a broader slowdown brewing in the US economy. The S&P 500 (^GSPC) rose 1.7% to end the week at a record close of 6,279.35. The Nasdaq Composite (^IXIC) also popped about 1.6% and ended the week at…
Stocks sank on Friday as the reality of an all-out trade war following President Trump’s sweeping tariffs set in, fueling Wall Street strategists’ worst fears about how far the S&P 500 (^GSPC) could fall in 2025. Amid a $2.5 trillion wipeout in markets on Thursday, strategists had warned stock indexes could face further downside should…