The bull market has survived Trump’s tariff onslaught. But stocks aren’t out of the woods just yet. - MarketWatch
1. S&P 500 rebounded over 3%, surpassing its 200-day moving average. 2. High average tariff rates may still pressure consumption and earnings. 3. Consumer discretionary sector shows signs of strain and declines. 4. Optimism tempered by looming risks and a weakening labor market. 5. High P/E ratios suggest stocks remain expensive despite recent gains.