Stock markets initially sold off last week due to disappointing economic data and new tariffs from President Trump, which contributed to a 2.4% loss for the Vanguard S&P 500 ETF. However, a recovery began with the ETF rising 0.6% premarket as investors reassess the severity of the previous week's news. This shift in sentiment may relate to speculation that a slowing economy could lead to lower interest rates from the Federal Reserve, potentially stabilizing political tensions. Companies like onsemi and Tyson Foods reported positive earnings as well, further supporting the market's rebound.
Last week ended on a down note with a 2.4% weekly loss for the Vanguard S&P 500 ETF due to a weak July jobs report and new tariffs.
Stock markets are showing signs of recovery with the VOO ETF up 0.6% premarket as investors reassess last week's negative economic news.
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