The S&P 500 inched higher on Friday, ending four consecutive weeks of declines that were brought on by trade policy turmoil, recession fears and a rollover in megacap tech shares.
The S&P 500 added 0.08%, rising into positive territory as the trading session drew to a close. The broad market index ended the day at 5,667.56. The Nasdaq Composite gained 0.52% and settled at 17,784.05, while the Dow Jones Industrial Average advanced 32.03 points, or 0.08%, to close at 41,985.35.
The broad-market S&P 500 posted a 0.5% weekly advance, averting a fifth straight week of losses. The Nasdaq rose 0.2% week to date, and the Dow posted a 1.2% gain.
Friday was a “quadruple witching” day, which is when stock options, index futures, index options and single-stock futures expire. Goldman estimated that more than $4.7 trillion of notional options exposure would expire.
The session was volatile with major averages coming off their lows after President Donald Trump said there would be some “flexibility” with tariffs. However, he maintained that the tariffs implemented at the April 2 deadline will be reciprocal, saying all countries that have tariffs on U.S. goods will be charged.
Source: https://www.cnbc.com/2025/03/20/stock-market-today-live-updates.html