Wall St cuts losses as Trump hints at flexibility on tariffs

reuters
Reuters

Wall Street’s major indexes showed slight improvement on Friday after President Donald Trump suggested flexibility on upcoming tariffs, easing market concerns ahead of potential trade measures next month.

Wall Street's main stock indexes saw a partial recovery on Friday after U.S. President Donald Trump signaled flexibility on upcoming tariffs. His comments came ahead of expected reciprocal duties set to be imposed early next month.

By mid-day, the Dow Jones Industrial Average had narrowed its losses, down by 0.23%, or 98.53 points, at 41,854.79. The S&P 500 fell 0.31%, or 17.60 points, to 5,645.29, while the Nasdaq Composite dipped by 0.09%, or 16.09 points, to 17,675.54. Despite ongoing trade concerns, President Trump's remarks provided investors with hope that potential tariff tensions could be eased, leading to a slight stabilization in the markets.

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