US stocks: Wall Street inches higher after pharma tariff announcements; Dow over 300 points, S&P jumps 0.5%
US stocks climbed Friday, driven by renewed hopes for rate cuts and President Trump's new tariffs. While pharmaceutical and truck makers saw gains, home-furnishing retailers slipped. Investors now await consumer spending data, crucial for the Fed's next rate decision amid a stronger-than-expected economy.
US stocks climbed Friday, driven by renewed hopes for rate cuts and President Trump's new tariffs. While pharmaceutical and truck makers saw gains, home-furnishing retailers slipped. Investors now await consumer spending data, crucial for the Fed's next rate decision amid a stronger-than-expected economy.
