U.S. Stock Market Eased by Trade Tensions Relief

U.S. stock markets closed mixed Thursday, with the S&P 500 continuing its winning streak for the fourth consecutive day and the Dow Jones Industrial Average soaring over 271 points. However, the Nasdaq Composite edged lower, ending a six-day upward trend as it dipped by 0.18%. This week’s market movements were partly driven by easing trade tensions following a temporary reduction in tariffs between the U.S. and China, which provided relief to investors concerned about inflation and global growth.