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US stocks soared on Tuesday following a bruising day on Wall Street, as investors built hope for deescalation on several fronts of President Trump's trade battles.
Stocks came off of their highs by afternoon trading after US Treasury Secretary Scott Bessent reportedly said in a private speech for JPMorgan Chase that talks between the United States and China had yet to formally start and that negotiations will likely be a "slog."
Still, markets delivered solid gains with Dow Jones Industrial Av...
>>> Read more: Stock market today: Dow gains 1,000 points, S&P 500 and Nasdaq gain over 2.5% on signs of tariff progress
Stocks came off of their highs by afternoon trading after US Treasury Secretary Scott Bessent reportedly said in a private speech for JPMorgan Chase that talks between the United States and China had yet to formally start and that negotiations will likely be a "slog."
Still, markets delivered solid gains with Dow Jones Industrial Av...
>>> Read more: Stock market today: Dow gains 1,000 points, S&P 500 and Nasdaq gain over 2.5% on signs of tariff progress