The stock market bounced back brilliantly this week as investors shrugged off concerns about tariffs, weak economic data, and inflation fears. The Nasdaq hit fresh record highs while the S&P 500 climbed back near all-time levels, driven by a powerful combination of Fed rate cut expectations and stellar corporate earnings. Despite some choppy sessions, major indices posted solid weekly gains with technology leading the charge once again.
๐ What's Happening
Markets staged an impressive recovery from last week's selloff, with the Nasdaq surging 3.9%, the S&P 500 gaining 2.4%, and the Dow rising 1.3% for the week. Apple stole the spotlight with its biggest weekly gain in months, jumping 13.3% after announcing an additional $100 billion investment in U.S. manufacturing to avoid Trump's semiconductor tariffs. The tech giant's commitment to build more iPhone components domestically helped it secure an exemption from the planned 100% tariffs on imported chips. Trump's tariff…