Wall Street jumps at open after Trump softens rhetoric on China and Fed chair

Wall Street rises in a worldwide rally after Trump softens his tough talk on trade and the Fed

NEW YORK (AP) — U.S. stocks are rising Wednesday as a worldwide rally comes back around to Wall Street after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war . The S&P 500 was 1.

Retail stocks surge on fresh hopes of a US-China trade truce

The consumer discretionary sector topped the S&P 500 leaderboard Wednesday afternoon....

The Latest: Treasury secretary says Chinese economy should grow up

U.S. markets opened with big gains and clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and his Treasury Secretary Scott Bessent said he expects a “de-escalation” in…

US Stock Markets Rally Amid Trump’s Latest Remarks on Fed’s Powell, China

U.S. stocks surged on April 23, as President Donald Trump clarified his stance on Federal Reserve Chair Jerome Powell and China tariffs. The Dow Jones Industrial Average, an index of blue-chip stocks, advanced by more than 900 points, or more than 2 percent. The broader S&P 500 Index jumped more than 100 points, or 2.5 percent. The tech-heavy Nasdaq Composite Index soared by close to 600 points, or 3.6 percent. Following the weeks-long tariff-dr…

Wall Street operators are betting with everything on risky bets and U.S. stock markets bounce after Donald Trump said China’s tariffs will be “substantially reduced.” Nasdaq earns 3.65 percent, at 16 thousand 895 points; the S&P 500 advances 3.11 percent, at 5 thousand 452 units, while the Dow Jones rises 2.34 percent to 40 thousand 102 points. Trump dispelled fears that he plans to fire Fed President Jerome Powell, which ‘animate’ the markets. …

Media & Tech Stocks Extend Rally As Trump Softens Stance On China Tariffs, Fed Chief

Media shares and markets extended a rally sparked by President Trump floating possible détente in a China trade war and insisting he won't fire the Fed chief.