Fri, April 25, 2025
Thu, April 24, 2025
Wed, April 23, 2025
Tue, April 22, 2025

Stocks rebound for second consecutive day as the White House signals even more strongly it wants to make nice on tariffs

The stock market experienced a second consecutive day of gains, with the Dow Jones Industrial Average rising 1.6% to 24,585, the S&P 500 increasing by 1.4% to 2,662, and the Nasdaq climbing 1.3% to 7,067, driven by optimism around U.S.-China trade talks and positive earnings reports. Amidst this, the White House, through Scott Bessent, a former Trump campaign economic adviser, attempted to ease tensions by suggesting that the U.S. might not impose the threatened tariffs on China, which had been a significant concern for investors. Additionally, corporate earnings played a crucial role in the market's rebound, with companies like Caterpillar and 3M reporting better-than-expected results, contributing to the positive market sentiment.

Read the Full Fortune Article at:
[ https://fortune.com/article/stock-market-rebounds-second-straight-day-white-house-scott-bessent-make-nice-tariffs-china/ ]