U.S. stocks rose despite tariff concerns and investor anxiety

U.S. stocks rose on Friday, ending a volatile week positively. The Dow Jones gained 674.62 points, while the S&P 500 increased by 117.42 points, marking its largest one-day gain since November. This week, concerns over tariffs impacted the market. President Trump threatened a 200% tariff on European wine and spirits, escalating trade tensions after Europe retaliated against U.S. tariffs on steel and aluminum. Despite the gains, safe-haven gold reached a record high, reflecting ongoing investor anxiety. The Nasdaq also saw a significant rise, but it confirmed a correction earlier in the week due to tariff uncertainties and high tech stock valuations.