The Wall Street Journal

From Tariff Pain to Record Highs, a Wild Quarter on Wall Street

The S&P 500 has now added more than 8% since President Trump announced sweeping tariffs

Tariff moves sometimes helped and sometimes hurt stocks during the second quarter.
Tariff moves sometimes helped and sometimes hurt stocks during the second quarter. Photo: brendan mcdermid/Reuters

A historic and tumultuous quarter is wrapping up with U.S. stocks at records and many investors betting the ride isn’t over yet. 

The April swoon that carried the S&P 500 to the brink of a bear market has been erased and then some. The broad index has now added more than 8% since President Trump announced sweeping tariffs that sparked havoc in markets. 

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