Stocks Claw Back Most of April’s Tariff Losses
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Stocks finished higher Friday, extending the week’s rally to a fourth day, as investors prepared for a slew of economic data and corporate earnings reports slated for next week. The market rebound that started Tuesday continued as the week ended with the S&P 500 rising 0.7%, closing above 5500 for the first time since President Trump announced a new tariff regime April 2. Friday, the president said the U.S. is “very close” to a tariff deal with Japan.
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