S&P/ASX 200 Index (ASX: XJO) shares are up by 0.38% to 8,222.7 points in late afternoon trading on Friday.
The benchmark index is continuing its rebound following the US tariff-inspired meltdown in early April.
In fact, the ASX 200 is trading 3.8% above where it was before the US tariffs were announced.
Today, several ASX 200 shares have hit new price milestones after recovering strongly from the short and sharp market rout.
The tariffs were announced in the US on 2 April.
ASX 200 shares took a beating from 3 April to 7 April, falling 7.45% before stabilising and commencing a rebound.
Since then, ASX 200 shares are up by more than 12%.
Let's see what's happened with these particular stocks.
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5 ASX 200 shares strike new multi-year highs after strong recoveries
Wesfarmers Ltd (ASX: WES)
The Wesfarmers share price hit a record high of $80.29 despite no news from the diversified conglomerate today.
The ASX 200's largest consumer discretionary share fell 7.22% in the days after the US tariffs were announced.
It has since rebounded by more than 17%.
Here's what that would have equated to in dollar terms had you invested $10,000 in Wesfarmers shares on 7 April.
ALS Ltd (ASX: ALQ)
The ALS share price hit a record of $18.06 today despite no news from the professional technical services provider.
The ASX 200 industrial share fell 8.76% after the US tariffs were announced.
The rebound has been staggering, with the ALS share price ripping 25% higher since 7 April.
Temple & Webster Group Ltd (ASX: TPW)
The Temple & Webster share price hit a new all-time peak of $19.04 today.
The online furniture retailer has no news for the market on Friday.
However, it issued a trading update on Wednesday that went down well with investors, resulting in a 7.5% bump on the day.
The ASX 200 consumer discretionary stock fell 13.51% after the US tariffs were announced.
The rebound has been remarkable, with the Temple & Webster share price surging by more than 33%.
Telstra Group Ltd (ASX: TLS)
The Telstra share price hit an eight-year high of $4.62 despite no announcements for the ASX 200 telecommunication stock today.
The US tariffs will have little effect on this domestic telco, so Telstra experienced only a minor dip of 0.69% after they were announced.
But the Telstra share price has surged with the rest of the market since then. Telstra shares are now up by more than 7% since 7 April.
ASX Ltd (ASX: ASX)
The ASX share price hit a two-and-a-half-year high of $73.79 on Friday.
After the tariffs were announced, the ASX share price fell 0.55%.
The ASX 200 financial share has since surged by 16%.
The market operator has not made any announcements today.
