Trader Michael Pistillo, left, meets New York Mayor Eric Adams on the floor of the New York Stock Exchange after Adams was interviewed on CNBC on Friday.
U.S. stocks closed at an all-time high Friday, another milestone in the market’s remarkable recovery from a springtime plunge caused by fears that the Trump administration’s trade policies could harm the economy.
The S&P 500 rose 0.5%, finishing above its previous record set in February. The key measure of Wall Street’s health fell nearly 20% from February 19 through April 8.
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