US EditionWall Street Recovers From Friday’s Shock as US Stocks Rally and Oil Prices Ease
- On Friday, President Trump issued an executive order that allowed Japan’s Nippon Steel to make an investment in U.S. Steel, giving him a distinctive level of control over the company’s operations.
- This came amid ongoing Group of Seven talks in Canada, where U.S. tariffs threaten to slow growth and raise inflation, complicating the economic outlook.
- Financial markets recovered as U.S. stocks climbed, led by a 5.1% gain in U.S. Steel, while defense contractors like Lockheed Martin and Northrop Grumman gave back gains.
- The Dow Jones rose 317.30 points to 42,515.09, Nasdaq gained 294.39 to 19,701.21, and the 10-year Treasury yield rose to 4.45 percent late Friday.
- The Federal Reserve, which cut rates last year, is expected to hold rates steady on Wednesday while watching tariff impacts, amid global stock gains and mixed Chinese economic data.
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Wall Street recovers from Friday's shock as stocks rise and oil prices ease
NEW YORK — Calm returned to Wall Street on Monday, and U.S. stocks rose, while oil prices gave back some of their initial spurts following Israel's attack on Iranian nuclear and military targets at the end of last week.
·Helena, United States
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Wall Street recovers from Friday's shock as US stocks rise and oil prices ease (copy)
Calm returned to Wall Street, and U.S. stocks rallied, while oil prices gave back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week. The S&P 500 climbed 0.9% Monday…
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Total News Sources122
Leaning Left27Leaning Right8Center52Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 31%
C 60%
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