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Stocks End Higher, Bonds Fall Amid Tariff Tumult: Markets Wrap

  • S&P 500 shrugs off early losses, small cap shares lead rally
  • Gold and silver rally, industrials lead European shares lower
Bloomberg business news
Plurimi CIO Favors Cyclical Stocks Despite Tariffs Threat
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U.S. stocks ended a volatile session higher, paring a weekly decline, as investors speculated that President Donald Trump’s tough tariff talk won’t translate into the most severe protectionist policies. Treasuries slumped with the dollar.

The S&P 500 Index staged a late-day rally to finish near its high for the session. The gain trimmed its weekly decline to 2 percent. The Dow Jones Industrial Average roared back to all but erase a drop that approached 400 points at its worst.