Global fund markets rebounded on Friday following President Donald Trump's announcement of plans to implement mutual tariff exemptions for trading partners. This could signify an increase in tariff levels broadly on a scale comparable to the levels established by the U.S.
The valuation of American stocks decreased on Friday, since the mixed news environment related to tariffs and inflation caused uncertainty among traders at the end of the week. The index of the Dow-Jones industrial average fell by 444.23 points, or 0.99%, closing at 44303.40. The rebound on Friday attracted major indicators into the negative zone. The S&P 500 index decreased by 0.95% to 6025.99, while the NASDAQ index fell by 1.36%, closing at the mark of 19523.40.
