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 9% since 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 ended 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 9% since President Trump announced sweeping tariffs that sparked havoc in markets. 

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