The Dow soars 900 points as markets hang on hope for a China trade deal
Stocks climbed on Tuesday after U.S. Treasury Secretary Scott Bessent reportedly told a private gathering that the ongoing trade war with China is “unsustainable” and likely to “de-escalate.” The S&P 500 and Nasdaq rose just over 2% by late afternoon, buoyed by optimism over potential relief from steep tariffs that…Read more...
Stocks climbed on Tuesday after U.S. Treasury Secretary Scott Bessent reportedly told a private gathering that the ongoing trade war with China is “unsustainable” and likely to “de-escalate.” The S&P 500 and Nasdaq rose just over 2% by late afternoon, buoyed by optimism over potential relief from steep tariffs that…