Theme:
Light Dark Auto
GeneralTop StoriesPoliticsBusinessEconomyTechnologyInternationalEnvironmentScienceSportsHealthEducationEntertainmentLifestyleCultureCrime & LawTravel & TourismFood & RecipesFact CheckReligion
BUSINESS
Positive Sentiment

Stocks Rebound as Trump Softens China Rhetoric

Read, Watch or Listen

Stocks Rebound as Trump Softens China Rhetoric

Wall Street rebounded Monday after President Donald Trump dialed back his tariff threats against China, posting “it will all be fine” and urging calm. The S&P 500 rose 1.3%, recouping nearly half of Friday’s worst-since-April slide; the Dow gained 483 points, or 1.1%, and the Nasdaq added 1.8% by 10:45 a.m. Eastern. China called for negotiations, even as Trump had days earlier floated a 100% tariff and cited limits on rare earth exports. Broadcom jumped 10.2% on an OpenAI collaboration, while investors eyed the coming earnings season.

Prepared by Christopher Adams and reviewed by editorial team.

Related News

Comments

JQJO App
Get JQJO App
Read news faster on our app
GET