Markets Rebound Slightly After Turbulent Week of Tariffs and Economic Concerns

U.S. stocks recover modestly, but fears of a trade war, recession, and inflation persist as gold reaches record highs.

The S&P 500, Dow Jones, and Nasdaq saw modest gains on Friday after significant losses earlier in the week, with the S&P 500 entering correction territory for the first time since 2023.
Investor confidence remains shaken by President Trump's escalating tariff policies, including threats of a 200% tariff on European alcohol and ongoing tensions with Canada and other trading partners.
Gold prices hit a record high of $3,000 per ounce as investors seek safe havens amidst economic uncertainty and volatile markets.
The University of Michigan's consumer sentiment index dropped to its lowest level since November 2022, highlighting growing concerns about inflation and the economic impact of tariffs.
Global markets showed mixed reactions, with China's stock indexes rising on optimism over domestic stimulus, while U.S. recession fears prompted JPMorgan to raise its recession forecast to 40% for 2025.