US stocks hit record high as markets recover from Trump tariff shock
Wall Street’s S&P 500 share index climbed to a record high on Friday, capping a dramatic rebound by US stocks from a sharp drop earlier in the year sparked by Donald Trump’s barrage of global tariffs. The blue-chip index rose 0.5 per cent in morning trading to 6,173.47, eclipsing its previous peak of 6,147.43 on…