Stock market today: Stocks set for another big open
Investors cheer when President Trump softens rhetoric on the Fed and China.
9 a.m. ET
Stocks were headed to a second big rally in two days after President Trump said he wouldn't fire Federal Reserve Chairman Jerome Powell. And he said tariffs on goods from China will drop substantially once the two sides start to negotiate seriously.
Futures trading suggested the Standard & Poor's 500 Index would open up 133 points. The Dow Jones Industrial Average would jump 750 points, and the Nasdaq Composite Index would rise around 560 points.
