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.
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