Wall Street Ends Its Wild Week With More Swings

Wall Street rose to end last week, but only after another volatile trading session.

The week was marked by sharp swings driven by concerns about the U.S. economy and uncertainty over President Donald Trump’s tariff policies. I Photo: New York Stock Exchange Facebook

It was a fitting end to a brutal week marked by sharp swings driven by concerns about the U.S. economy and uncertainty over President Donald Trump’s tariff policies, Stan Choe reported for the Associated Press (AP).

The S&P 500 climbed 0.6% after rebounding from an earlier loss of 1.3%. The index had endured a punishing stretch, swinging more than 1%—either up or down—for six consecutive days.

The Dow Jones Industrial Average added 222 points (0.5%), while the Nasdaq Composite rose 0.7%.

The turbulent week, the worst for the S&P 500 since September, left the index more than 6% below its all-time high set last month.

The head of the Federal Reserve helped ease market concerns on Friday afternoon by stating that the economy appears stable and that he doesn’t feel pressured to cut interest rates to prop it up.

Traders had been betting the Fed would need to cut rates more than three times this year due to a series of weaker-than-expected economic reports. However, Jerome Powell pushed back against speculation that he or other Fed officials would feel compelled to act soon, Matt Ott and Elaine Kurtenbach also reported for AP.