Wall Street jumps at open after Trump softens rhetoric on China and Fed chair
- US stock markets made significant gains on Wednesday.
- Investors responded to encouraging updates from President Trump and Treasury Secretary Scott Bessent.
- Trump stated he would not attempt to fire the Federal Reserve chairman.
- Treasury Secretary Scott Bessent called the trade war "unsustainable."
- The S&P 500 stock index rose 2.5 percent.
208 Articles
208 Articles
Wall Street Rises and Markets Rally Worldwide as Trump Softens His Tough Talk on Tariffs and the Fed
NEW YORK (AP) — U.S. stocks rose Wednesday as a worldwide rally came 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.
U.S. stocks advance as Trump eases rhetoric on Powell, tariffs
NEW YORK, April 23 (Xinhua) -- U.S. stocks extended gains on Wednesday, as U.S. President Donald Trump struck a more conciliatory tone on both Federal Reserve Chair Jerome Powell and tariffs on Chinese goods, soothing investor fears that had weighed on markets in recent sessions. Read full story
Wall Street rises after Trump softens tough talk on tariffs and the Fed
U.S. stocks rose Wednesday as a worldwide rally came 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.
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