The US stock market continues to trend higher after overcoming a challenging period earlier this year. On April 7, 2025, the S&P 500 hit an all time low. Since then, it has gained more than 28% in value and repeatedly reached all time highs.

On Friday, Aug. 1, 2025, US stocks dipped after President Trump hit every US trading partner with sweeping tariff hikes and the July jobs report showed signs of a labor market slowdown. President Trump refuted the July jobs report, stating that the Bureau of Labor Statistics Commissioner manipulated prints for political purposes. 

Despite the August 1 dip and the July jobs report, on Monday, August 4, 2025, Wall Street stocks rallied as investors jumped on a market pullback, shrugging off economic worries and focusing on the rising odds of Federal Reserve interest rate cuts. S&P 500 gained 1.5 per cent to 6,329.94, while the tech-rich Nasdaq Composite Index jumped 2.0 per cent to 21,053.58. The August 4th trading session effectively reversed the losses from August 1, 2025. 

It can be speculated that the volatility of the market can be linked to the uncertainty of the effects of the Trump trading tariffs on the economy. However, it appears as though investors are shrugging off those worries of economic uncertainty and focusing on the likelihood that the Fed will cut rates in September. Mr. Steve Sosnick of Interactive Brokers stated, “Traders and investors have made a lot of money by deciding that tariffs won’t matter.” According to Sosnick, the bias of most investors is “Let’s not think about tariffs as being a problem until they actually prove that they are.” 

Regardless of the reasoning, the market is up. Overall, year to date, the major stock market indexes are showing positive gains in 2025: the S&P 500 is up 7.86%, the Dow Jones Industrial Average is up 4.2%, and NasDaq is up 9.19%. The rollercoaster ride of the market may continue. But so far, under Trump’s economic policies, it appears as though the market is fairing well. 

Tickers to consider:    JTAI, VNRX, FBRX, POAI, 

Sylva Disclaimer: https://www.sylvacap.com/disclaimer