S&P 500 Snaps 4-Day Losing Streak as Market Bounces Back

Wall Street returned from the three-day weekend well-rested and armed with yet another tariff retreat from the White House, which helped the stock market snap its four-session skid.

The Dow Jones Industrial Average gained 741 points, or 1.8%. The S&P 500 was up 2.1%. The Nasdaq Composite rose 2.5%. The Dow and S&P fell Tuesday through Friday of this past week amid worries about rising bond yields and tariff threats against the European Union.

Though President Donald Trump sparked a spike in volatility on Friday by threatening 50% tariffs on the EU, Wall Street was mostly unfazed. Some see buying the dip on Trump’s big threats ahead of a delay and eventual retreat as a winning trade.