Dow jumps to recover a bit of its steep losses
- On Tuesday, global financial markets saw some relief as stocks bounced back after losses.
- President Trump's trade war, aimed at narrowing trade deficits, had escalated recently, causing market uncertainty.
- The Dow Jones Industrial Average rose 3.6%, or 1,388 points, by 10:30 a.m. Eastern time, and health insurers led on Wall Street.
- Trump stated, "It seems like we were very oversold and there's hope that things may de-escalate from here."
- Analysts suggest caution as markets are expected to experience more swings, and economists foresee a potential recession if tariffs persist.
58 Articles
58 Articles
Perhaps a glimmer of hope about media
When there was some relief from the damage that President Trump had inflicted on financial markets over the past few days, I had initially been dismayed to see headlines touted market recovery. I was a little relieved to see that some did, indeed point...
Stocks rise worldwide on hopes for tariff negotiations
NEW YORK (AP) — Some relief is flowing through financial markets worldwide Tuesday, and stocks are rising to recover a bit of their historic losses since President Donald Trump dramatically raised the stakes in his trade war last week. The S&P 500 was up 2.4% in midday trading, though it still remains more than 15% below its record set in February. The Dow Jones Industrial Average was up 926 points, or 2.4%, as of noon Eastern time, and the Nasd…


Stocks rise worldwide and S&P 500 adds 2% as hopes for tariff negotiations deliver some relief
Stocks are rising worldwide as some relief flows through financial markets. The S&P 500 climbed 2.4% Tuesday to trim a bit of its historic losses since President Donald Trump raised the stakes in his trade war last week. The Dow…
Markets Bounce Back Slightly After Historic Losses
NEW YORK — Some relief is flowing through financial markets worldwide Tuesday as stocks bounce to recover a bit of their historic losses since President Donald Trump dramatically raised the stakes in his trade war last week. [time-brightcove not-tgx=”true”] The S&P 500 was up 3.7% in morning trading, though it still remains more than 14% below its record set in February. The Dow Jones Industrial Average was up 1,363 points, or 3.6%, as of 10:12 …
Big rebound in US stocks meets scepticism
NEW YORK - US stocks soared early on Tuesday after the biggest three-day rout in five years, fuelled by the most oversold conditions since the depths of the pandemic and optimism the Trump administration will water down its harsh tariff regime.
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