The S&P 500 is only 3% below its high record Located in mid-February, when President Donald Trump launched a trade war that started with Canada and Mexico. This puts the index around the territory of the Haussier market and marks an astonishing rebound from a month ago when the markets crashed after Trump unveiled his “Liberation Day” prices.
American actions are already at a distance from the record peaks – just a month after having crashed on the steepecity tariffs of President Donald Trump than the “Liberation Day”.
The S&P 500 is 3% below its peak set in mid-February, when Trump launched a world trade war that started with prices on Canada and Mexico.
This marks an astonishing rebound last month when the index flirted with a lower market in the middle of a sale of almost 20%. Now, it’s again on the Haussier market territory. From its low fence at the beginning of April, the S&P 500 has increased by almost 20%. And from its intraday hollow, it increased by more than 20%.
Meanwhile, the industrial average of Dow Jones is 5% of its record level, the NASDAQ is down 4.9% and the Russell 2000 with small capitalization is 14% below its record.
After shocking initial markets with its high prices, including a rate of 145% on China, the Trump administration temporarily interrupted some of its most aggressive tasks while engaging in interviews with the best business partners.
Friday, the reports that the American and European Union began serious negotiations gave an elevator on the markets after rallying earlier this month on Trump’s de-escalation with China and a trade agreement which he concluded with Great Britain.
But the demotion of Moody on the American credit rating on Friday evening was recalled the threat that the endangering of debt levels posed in the longer term, especially if the bond market traders shake the higher treasury and flow the stock market.
For the moment, this may not slow down the rise in the market much. Several Wall Street analysts said that Moody had simply stressed what investors already knew about the rapid deterioration of the budgetary situation and followed similar Fitch movements in 2023 and Standard & Poor’s in 2011.
Just before the debt downgrades, some market veterans were optimistic that actions could continue to mark more gains.
“I become more optimistic. I call it” Trump Pivot “, said on Friday afternoon, the Wharton School, Jeremy Siegel, referring to the price break.
Although he believed that the shares would be 10% higher without Trump’s prices, he added that the market always had “a lot of positive things that happen”, such as inflation readings that are better than fearing and Trump has made the agreement in the Middle East.
