Wall Street Rebounds After Trump’s China Trade Comments Ease Market Fears
U.S. stocks rallied Monday after President Trump’s reassuring comments about China relations reversed Friday’s steep losses. The S&P 500 jumped 1.3% as market fears over escalating tariffs subsided following Trump’s social media statements.
Wall Street staged a strong rebound Monday as President Donald Trump’s calming comments about China trade relations reversed Friday’s steep market decline. U.S. stocks surged across major indices after Trump declared “it will all be fine” regarding trade negotiations, sparking renewed investor confidence in stock market stability.