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August 5, 2025

Dow leaps 585 points as stocks win back most of Friday's wipeout

By STAN CHOE
AP Business Writer

NEW YORK — U.S. stocks rallied on Monday and won back most of their sharp loss from last week, when worries about how President Donald Trump's tariffs may be punishing the economy sent a shudder through Wall Street.

The S&P 500 jumped 1.5% to follow up its worst day since May with its best since May. The Dow Jones Industrial Average climbed 585 points, or 1.3%, and the Nasdaq composite leaped 2%.


 
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