New York CNN —
The S&P 500 has been on a roundtrip this year as President Donald Trump’s trade policy has jolted markets. The benchmark index on Thursday was just a whisker away from hitting an all-time high.
The index has soared 22% since hitting its low point on April 8 in what has been a remarkable come back from the precipice of a bear market. As the S&P 500 tests a new record high, it is set to recover $9.8 trillion in market value since its low point in April.
US stocks were
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