Meanwhile, price pressures surged at the fastest pace since June 2022, reflecting inflationary effects from tariffs.Microsoft Corp.(NYSE:MSFT) was a standout gainer, soaring 8.60% after delivering a blowout quarter that beat expectations across the board, reinforcing its leadership in cloud and AI.
The index rose about 1% to 5,560, fully recovering the losses sustained after former President Donald Trump announced trade tariffs on April 2.
President Trump reassured investors, stating that progress on trade negotiations is going "very well" and that the timeline for the tax bill remains on schedule.
The story "Wall Street Eyes 8th Positive Day As S&P 500 Recoups Tariff-Led Losses, Bitcoin Rallies To $97,000: What's Driving Markets Thursday?" has 588 words across 37 sentences, which will take approximately 3 - 5 minutes for the average person to read.
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It's most recent story was published 8 hours ago.
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