U.S. stocks bounced back from steep early losses to end mixed, continuing their wild swings amid uncertainty about what President Donald Trump’s trade war will do to the economy.
The S&P 500 rose 0.1% Wednesday, extending its winning streak to a seventh day. The Dow Jones Industrial Average rose 0.3%, and the Nasdaq composite slipped 0.1%.
Indexes started the day lower after a report suggested the U.S. economy may have shrunk at the start of the year, before most of Trump’s announced tariffs could take effect. The S&P 500 had been down as much as 2.3%.
On Wednesday:
The S&P 500 rose 8.23 points, or 0.1%, to 5,569.06.
The Dow Jones Industrial Average rose 141.74 points, or 0.3%, to 40,669.36.
The Nasdaq composite fell 14.98 points, or 0.1%, to 17,446.34.
The Russell 2000 index of smaller companies fell 12.40 points, or 0.6%, to 1,964.12.
For the week:
The S&P 500 is up 43.85 points, or 0.8%.
The Dow is up 555.86 points, or 1.4%.
The Nasdaq is up 63.40, or 0.4%.
The Russell 2000 is up 6.50 points, or 0.3%.
For the year:
The S&P 500 is down 312.57 points, or 5.3%.
The Dow is down 1,874.86 points, or 4.4%.
The Nasdaq is down 1,864.45, or 9.7%.
The Russell 2000 is down 266.04 points, or 11.9%.
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