Traders works on the ground of the New York Stock Exchange throughout morning buying and selling on Aug. 4, 2025.
Angela Weiss | Afp | Getty Images
Stocks jumped Monday as traders clawed again the steep losses seen within the earlier session that have been sparked by considerations over the U.S. financial system and a brand new spherical of tariffs from the Trump administration.
The Dow Jones Industrial Average soared 585.06 factors, or 1.34%, to shut at 44,173.64 and wipe out Friday’s massive unload. The S&P 500 superior 1.47% to finish at 6,329.94, snapping a four-day shedding run and posting its greatest session since May. The Nasdaq Composite surged 1.95% to settle at 21,053.58.
“Today is sort of a bounce-back day,” mentioned Sam Stovall, chief funding strategist at CFRA Research. “Stocks tend to pop after a drop, so that’s what’s happening.”
“We have to wait and see what happens tomorrow, because there could be a possibility that investors think, ‘You know what, we really need to take some money off the table to digest some of these gains,'” he added.
Stocks bought off on Friday after a weaker-than-expected jobs report that featured heavy revisions to May and June employment figures. Soon after the discharge, President Donald Trump fired the pinnacle of the Bureau of Labor Statistics. Trump on later mentioned he’d be naming a brand new BLS commissioner in the coming days.
Jitters about Trump’s new modified tariff charges additional rattled markets. Trump signed an govt order late final week that updated his “reciprocal” tariffs on dozens of U.S. trading partners, starting from Syria to Taiwan, with up to date duties starting from 10% to 41%.
With little on the financial knowledge entrance this week, traders will probably be eyeing any commerce developments between the U.S. and China after senior officers from each nations met in Stockholm, Sweden, last week. Treasury Secretary Scott Bessent informed CNBC Thursday that “we have the makings of a deal.”
Investors are additionally waiting for new earnings releases for this week. Palantir is about to put up outcomes after the shut Monday, and AMD is slated to report Tuesday.
The market is bracing for a traditionally weak month. August is the worst month for the Dow Jones Industrial Average in knowledge going again to 1988, and the second worst for the S&P 500 and Nasdaq Composite, in accordance with the Stock Trader’s Almanac.