Wall Street rallies and recovers Monday’s losses as the dollar and US bond market steady

Wall Street rallies to recover losses

NEW YORK — U.S. stocks jumped in a widespread rally Tuesday, and other U.S. investments steadied a day after falling sharply on worries about President Donald Trump's trade war and his attacks on the head of the Federal Reserve.

Wall Street rallies and recovers Monday's losses as the dollar and U.S. bond market steady

U.S. stocks jumped in a widespread rally and more than made up for their sharp drops from the day before.

The selective Dow Jones Industrial Average index rose 2.7%, the expanded S&P500 gained 2.5% and the technological Nasdaq rose 2.7%. The value of the dollar also stabilized after falling against the euro.

Wall Street’s Big Relief Rally Is Set to Power On: Market Wrap

Stocks jumped and bonds rose as a wave of relief swept through global markets after the Trump administration defused some of the tension that has rattled investors.

The main indicators of Wall Street recovered from the losses suffered on Monday, as Dow Jones recorded a 2.66 percent rise, followed by Nasdaq with 2.71 and finally the S&P 500 advanced 2.51 percent. The value of the US dollar also stabilized after falling against the euro and other competitors, while Treasury yields remained stable in the bond market. The only prediction that many Wall Street strategists are willing to make is that financial ma…

Wall Street rallies to recover Monday’s losses

U.S. stocks jumped in a widespread rally Tuesday, and other U.S. investments steadied a day after falling sharply on worries about President Donald Trump’s trade war and his attacks on the head of the Federal Reserve.