S&P 500 Gets Late-Day Boost at End of Wild Month: Markets Wrap

Feb. 28, 2025, 11:58 PM UTC

Stocks shook off another bout of volatility spurred by geopolitical anxiety and a White House shouting match to rally at the end of a jittery February.

Equities faced several twists and turns Friday. Plans to sign a minerals deal between the US and Ukraine were scrapped as Donald Trump’s meeting with Volodymyr Zelenskiy devolved into a fiery exchange. Trump said Zelenskiy can come back when he’s ready for peace. Meantime, Treasury Secretary Scott Bessent said Mexico has proposed matching US tariffs on China and urged Canada to do the same, signaling a potential path to avert levies.

Trump, Zelenskiy fail to reach deal.
Photographer: Jim Lo Scalzo/EPA/Bloomberg

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