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S&P 500 hits record high, recovering from Trump's tariff slump

ReutersJun 27, 2025 1:31 PM

- The S&P 500 touched an intraday record high on Friday, rebounding from the months-long tumult sparked by U.S. President Donald Trump's trade policies that had threatened to tip the global economy into a recession.

The U.S. benchmark stock index .SPX advanced 0.2% to 6,153.55 points, surpassing the previous peak of 6,147.43, touched on February 19.

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