The Dow soars 1,000 points as Trump blinks on Powell and stocks roar back

U.S. stocks opened sharply higher Wednesday, buoyed in part by President Donald Trump’s retreat on the prospect of firing Federal Reserve Chair Jerome Powell and his indication that tariffs on China “will come down substantially but it won’t be zero.”Read more...

Apr 23, 2025 - 15:28
 0
The Dow soars 1,000 points as Trump blinks on Powell and stocks roar back

U.S. stocks opened sharply higher Wednesday, buoyed in part by President Donald Trump’s retreat on the prospect of firing Federal Reserve Chair Jerome Powell and his indication that tariffs on China “will come down substantially but it won’t be zero.”

Read more...