Analysis-US stocks heal from tariff pain but trade news to keep markets edgy
By Lewis Krauskopf
NEW YORK (Reuters) -After months of Wall Street gyrations to the twists and turns of U.S. trade policy, signs suggest stock investors are becoming more resilient to developments and cautiously defaulting to optimism that they have weathered the worst of the tariff-related shocks.
U.S. equities have edged higher over the past two weeks as they digest a sharp rally that has brought the benchmark S&P 500 within 3% of its February record high, fueled in part by easing fears about the economic fallout from tariffs.
A case in point: stocks ended Monday’s session higher even as markets had grappled with President Donald Trump’s announcement of doubling steel tariffs to 50%.
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