Wall Street Digest
The market opened with a gap down this morning, but bulls stepped in to fuel a solid intraday rebound. The SPDR S&P 500 ETF ($SPY) rallied off the lows at $554.81, climbing as high as $567.42 before settling at $564.65 by the close. However, sentiment shifted sharply after hours, with $SPY sliding to $544.82 in extended trading. The reason for the sentiment shift: Trump Declares “Liberation Day” with Sweeping Tariffs on U.S. Trade Partners “April 2, 2025, will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed and the day that we began [...]
