How the stock market made back losses

News Snapshot:

Specialist Alex Weitzman works at his post on the floor of the New York Stock Exchange, Friday, May 2, 2025. (AP Photo/Richard Drew) It felt much longer, but the U.S. stock market needed just a few weeks to roar all the way back to where it was on U.S. President Donald Trump’s “Liberation Day.” That’s when he shocked Wall Street by announcing much steeper tariffs than expected on nearly all U.S. trading partners. Those tariffs unveiled on April 2 were so severe that they raised fears Trump did not worry about causing a recession in his attempt to reshape the...