Simply sign up to the US equities myFT Digest -- delivered directly to your inbox. Wall Street stocks rallied on Friday at the end of a volatile week of trading as hopes grew that the US government will avoid a costly shutdown.

The S&P 500 Index ($SPX) (SPY) on Friday closed up +2.13%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.65%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.49%. March E-mini S&P futures (ESH25) rose +1.

On-again, off-again tariffs, mass government layoffs, funding cuts and immigration crackdowns have seriously spooked Wall Street, which is emphatically rejecting President Donald Trump’s chaotic economic agenda.

The U.S. stock market is drifting in early trading, even after getting a double-shot of encouraging news on the economy. The S&P 500 was off 0.2% in early trading Thursday after President Donald Trump upped the stakes in his trade war,

Economy / Everyone knows Trump is messing up, but fear and greed prevent resistance. Jeet Heer Normally, it’s a mistake to blame the fluctuations of the stock market on the actions of just one person—even if they are president of the United States.