S&P 500 Erases Losses From Trump Global Tariff Policy

  • The S&P 500 has fully recovered from the change in market regime associated with President Donald Trump's "Liberation Day" announcement of global tariffs on all nations. As of the close of trading on Friday, 2 May 2025, the index stood at 5,686.67, up 2.9% from the previous week's close and 15.70 points (or 0.3%) above where it ended the trading day on 2 April 2025.