US Stocks Pare Back All Tariff-Fueled Losses. Are We So Back?Remember “Liberation Day”? The one that felt more like Liquidation Day ? When markets tanked, tickers turned red, and you were afraid to check the markets on the next day? Well, turns out the rumors of the market’s demise were — once again — greatly exaggerated.
If the average recession 10 years ago lasted two years, this year’s recession was approximately 37 minutes (more or less, depending on the day).
Just a month ago, the S&P 500 SP:SPX started crumbling to the point it entered into correction territory (and then got out of correction territory ).
Long story short, it took the punches, went down 15%, stood back up, and is now throwing jabs with a nine-day winning streak — its longest since 2004, when iPods were still a thing and Facebook was just for Harvard students.
So… are we back? Like, really back? Let’s dig in.
💰 Trillions Lost, Trillions Found
On April 2, President Donald Trump dropped the hammer — or rather, the online post — unveiling his “reciprocal tariffs,” which, in true Trumpian fashion, sounded equal parts policy and promo PR.
Markets didn’t take it well. Global stocks collectively threw a tantrum. The S&P 500 dropped like it had a brick in its pocket . Financials cratered, energy took a gut punch, and tech? See for yourself — we don't want to talk about it .
But now? The dip buyers are shopping up, scooping up, snapping up everything from banks to oil stocks to beleaguered megacaps. Suddenly, all those stock discounts look like missed opportunities, and the cash-on-the-sidelines traders are jumping in.
👌 Jobs Data: Not Too Hot, Not Too Cold
Friday was a good day. Why? Because April’s nonfarm payrolls ECONOMICS:USNFP report came in at 177,000 jobs — not too strong to trigger Fed-tightening fears, not too weak to imply economic decay. It was the goldilocks print.
The number was a drop from March’s revised 185,000, but what mattered was the beat: economists had pencilled in just 135,000. Markets took that as permission to throw a party.
The S&P 500 jumped 1.5%, reclaiming the level it had before Trump’s tariff tirade and putting an emphatic end to the selloff. Nine green days in a row? That’s a bull flex Wall Street hasn’t seen in two decades.
💥 Truth Social Posts That Move Markets
Not to be left out of the celebration, Trump hopped onto Truth Social with his usual caps lock enthusiasm:
“THE FED SHOULD LOWER ITS RATE!!!”
Sounds familiar?
Still, even without a rate cut (for now), the market got what it wanted: signs that the US labor market isn’t collapsing, trade talks might be back on the table, and the economy hasn’t lost its way.
😌 A Global Sigh of Relief
While the US led the rally, global markets also joined the rebound chorus. China’s commerce ministry chimed in Friday, saying Washington had expressed a “desire to engage in discussions.” In market-speak, that translates to: "Everyone calm down — we might not blow this up after all."
It doesn’t take much to change sentiment. A tweet here, a headline there, a hint of diplomatic progress — suddenly risk appetite returns and everyone forgets they were panic-selling just three weeks ago.
But don’t go lining up the espresso martinis just yet — not everything is fully recovered. The US dollar, for example, remains nearly 4% below its pre-tariff-announcement level.
🤔 We Are So… Back?
So are we officially back? Short answer — “put the word out there that we back up” for now . Markets are up, volatility is down, and everyone’s pretending they didn’t sell the dip at the worst possible time.
But — and you knew there’d be a “but” — caution still applies. Trade tensions aren’t over. The next Trump post could shake things again. The Fed hasn’t made its next move (that’s coming this Wednesday). And geopolitics remains a powder keg.
Still, what this rebound tells us is clear: the market has resilience. Maybe not logic. Maybe not grace. But resilience? Yes.
It also reminds us that trying to time news-driven selloffs is a dangerous game. Often, the best trades happen when fear peaks and everyone else is running for the hills.
👉 Final Thoughts: Watch the Calendar, Not the Chaos
The key takeaway from this tariff-to-rally rollercoaster? Markets can move fast — but they can also recover faster. If you panicked, you probably sold low. If you stayed focused, checked the earnings calendar , and remembered that market narratives shift like wind direction, you're probably doing well right now.
We’re so back — for now. But stay sharp. This market may have nine lives, but it also has the attention span of a toddler.
Your move : Did you ride the dip? Buy the bounce? Or just mute the chaos and sip your coffee? Drop your best “Liberation Day to Redemption Rally” trade below.
