“Wall Street rises and markets rally worldwide as Trump softens his tough talk on tariffs and the Fed”
“NEW YORK (AP) — U.S. stocks rose Wednesday as a worldwide rally came back around to Wall Street after President Donald Trumpappeared to back off his criticism of the Federal Reserve and his tough talk in his trade war.”“Wall Street’s gains followed strong moves higher for stocks across much of Europe and Asia. They also continued a dizzying, up-and-down run for financial markets as investors struggle with how to react to so much uncertainty about what Trump will do with his economic policies.”
“The market’s latest move was up in part because Trump said late Tuesday that he has “no intention” to fire the head of the Federal Reserve. Trump had been angry with Jerome Powell, whom Trump had called “a major loser,” because of the Fed’s hesitance to cut interest rates.”
“Markets also rose after Trump said late Tuesday that U.S. tariffs on imports coming from China could come down “substantially” from the current 145%. “It won’t be that high, not going to be that high,” Trump said.”
Wall Street rises and markets rally worldwide as Trump softens his tough talk on tariffs and the Fed
U.S. stocks rose as a worldwide rally came back around to Wall Street. The S&P 500 climbed 1.7% Wednesday after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war.

Appears all his tough talk got him nowhere