$SUI
U.S. Stocks Climb as Market Sentiment Shifts
On Friday, April 11, U.S. stock markets rebounded after a volatile week marked by inflation fears and escalating trade tensions between the U.S. and China.
The S&P 500 rose 1.81%,
The Nasdaq Composite ended the day 2.0% higher,
The Dow Jones Industrial Average gained over 1.5%.
The recovery was sparked in part by a strong earnings report from JPMorgan Chase, which posted $5.07 EPS on $45.31 billion in revenue, beating analyst expectations. However, JPMorgan CEO Jamie Dimon warned of “considerable turbulence” ahead due to ongoing macroeconomic instability.
