The major stock indexes continued to improve in late trading Friday as investors seemed to be at ease with reassuring words about the economy from Federal Reserve Chair Jerome Powell. The Dow Jones Industrial Average and the other major indexes picked up momentum on the stock market today and were near the day's highs in late trading.

The S&P 500 (SNPINDEX: ^GSPC) closed at a record high of 6,144 on Feb. 19. But the benchmark index has since declined more than 6% as of Tuesday's close. Concerns about how trade policy will impact the already shaky U.

US stock market is on the declining path as Dow Jones plunged 427 points, reacting to Trump’s tariffs on Canadian steel and aluminum. The S&P 500 dropped 0.6%, while the Nasdaq Composite fell 0.1%. Market fears as the White House imposed higher duties on imports,