Late rally not enough to save Wall Street from a fourth straight week of losing, the worst streak since an obscure Japanese trade sparked a global market meltdown

New York (AP) – American stocks bounce on Friday, but not enough to prevent Wall Street from heading about a fourth week in a row, which will be the longest such lines since August.

The S&P 500 was 1 % higher in morning trading, a day after more than 10 % closed less than its first “correction” since 2023. Dow Jones industrial average increased 241 points, or 0.6 %, as of 10:20 am, East time, and Nasdaq was 1.3 % higher.

There may be a piece of uncertainty hanging over Wall Street after the Senate has taken movements to prevent the possible partial closure of the United States government. The deadline waving on the horizon in the middle of the night for that.

Previous closure was not a big deal of financial markets, as investors indicate how to restore economic growth in the United States after recovering funding. But any cleansing of uncertainty can be useful when many of them send the US stock market on great and frightening fluctuations not only day after day but also an hour to an hour.

The heaviest state of uncertainty lies with President Donald Trump’s escalating trade war. There, the question is the amount of pain that Trump will allow the economy through definitions and other policies for reshaping the country and the world as it wants. The president said he wanted to manufacture jobs in the United States, along with a smaller American governmental force and other basic changes.

American families and companies have already reported a decrease in confidence due to the uncertainty about the tariff that Trump ads will adhere to the ads. This raised concerns about the decline in spending that can get the energy out of the economy.

Fears seem to be exacerbated only between American families, according to a preliminary survey issued on Friday from the University of Michigan. Consumer morale scale drowned for a third month in a row, mostly due to concerns about the future rather than complaints about the present. The labor market and the public economy seem relatively strong at the present time.

“Many consumers were martyred at the high level of uncertainty about politics and other economic factors,” according to Joan Hsu, directly to the survey, and “repeated inspiration in economic policies makes it very difficult for consumers to plan for the future, regardless of the preferences of one of the policy of one.”

Consumers are preparing to increase inflation in the future, with long -term jumping expectations to 3.9 % of prediction last month by 3.5 %. This is the largest monthly leap since 1993.

Such fears of Wall Street focused on whether companies see the sour mood of consumers translating into real pain of their business.

Ulta Beauty jumped by 8.7 % after the Shorta Company recorded a stronger profit for the last quarter. The company’s expectations for the next revenue and profit from the goals of the analysts decreased, but the financial manager Paula Oubo said it wanted to be careful “while moving on the constant uncertainty of consumers.” Analysts said the expectations seemed better than fear.

The gains of stocks and large technological companies also helped in making artificial intelligence in supporting the market. Such stocks were under greater pressure in the last sales process after critics said their prices were very high in frenzy around artificial intelligence.

NVIDIA has increased by 3.1 % to reduce its loss for 2025 so far to 11.2 %.

In stock markets abroad, indexes have risen in most parts of Europe and Asia.

The shares jumped by 2.1 % in Hong Kong and 1.8 % in Shanghai after the National Financial Organizational Administration in China issued a notice that the financial institutions order to help develop consumer financing and encourage the use of credit cards, and do more to help borrowers who face trouble, and are more transparent in lending practices.

Economists say China needs consumers to spend more to get the economy out of its stagnation, although most of them have called for broader and more basic reforms such as increased wages, social welfare, public health support and education.

In the bond market, cabinet revenues have increased to restore some recent sharp losses. The return on the cabinet increased for 10 years to 4.29 % from 4.27 % late on Thursday and 4.16 % at the beginning of last week.

The returns were swinging since January, when they were approaching 4.80 %. When fears of the power of the American economy exacerbate, the returns decreased. When these concerns decrease, or when concerns about high inflation rises, the revenues have risen.

This story was originally shown on Fortune.com

2025-03-14 14:49:00