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Stocks bounced Monday, with the Dow jumping 585 points after last week’s sharp losses

2025-08-04 21:42:40

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Stocks rallied Monday even as technical breakdowns in the Dow Jones Industrial Average and a sharp pullback in Berkshire Hathaway added more pressure to an already shaky market. The bounce came after last week’s sell-off, which had been fueled by renewed fears over the U.S. economy and a brand new round of tariffs rolled out by President Donald Trump. According to data from CNBC, the Dow jumped 585.06 points, or 1.34%, closing at 44,173.64, wiping out Friday’s losses. The S&P 500 climbed 1.47% t...

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