US Stock Market Move | Early morning trading, the three major indices collectively strengthened, showing signs of easing the tariff standoff.
On Wednesday, the three major indexes of the US stock market collectively strengthened in early trading. The Dow Jones Industrial Average rose by 1.83%, the Nasdaq rose by 3.21%, and the S&P 500 rose by 2.27%.
On Wednesday, the three major US stock indexes collectively strengthened in early trading, with the Dow up 1.83%, the Nasdaq up 3.21%, and the S&P 500 up 2.27%. Wall Street traders are heavily betting on President Trump weakening his tough trade policies. Previously, the White House softened its stance on trade and the independence of the Federal Reserve, leading to a rebound in the stock market. Trump's earlier statements eased concerns about his plans to dismiss Federal Reserve Chairman Powell, and media reports also indicated that the US is considering reducing tariffs on Chinese products, further boosting the stock market. Overall, fund managers are betting that Trump, the "disruptor," is backing down, as his tough rhetoric previously triggered a stock market plunge of over $10 trillion and led many institutions to warn that tariffs could cause an economic recession this year.
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