Dow, S&P, and Nasdaq rise as Trump softens China tariff stance

US stocks rose after Trump hinted at revising China tariffs, with financial earnings aiding sentiment and analysts expecting steadier markets near term.

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57 days ago

Dow, S&P, and Nasdaq rise as Trump softens China tariff stance

US stocks advanced after President Trump suggested that the proposed 100% tariffs on Chinese goods could be reconsidered, easing trade tensions. The Dow Jones rose 0.6%, S&P 500 gained 0.5%, and Nasdaq 0.4%, supported by strong financial-sector earnings. Analysts said renewed optimism over trade talks and improved credit sentiment among banks helped stabilize investor confidence. Market strategists expect volatility to remain low ahead of further policy announcements and earnings guidance from large-cap tech firms.
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