Stock market rebounds for second day as White House signals softer stance on tariffs

From Yahoo Finance: 2025-04-23 16:13:00

Stock indexes rose after Treasury Secretary Scott Bessent’s speech promising U.S. commitment to global trade. S&P 500 up 1.67%, Nasdaq 2.5%, Dow 1.07%. Stocks rallied for the second day as White House softened tariff stance. Gold prices dropped 3.33% to $3,305 after hitting $3,500. Investors sought stability with stocks rising. Bonds and U.S. dollar also recovered slightly. Bitcoin ended up 0.22%, breaking its inverse pattern with equities. The market responded positively to potential U.S.-China trade deal talks.



Read more at Yahoo Finance: Stock market rebounds for second straight day as the White House signals even more strongly it wants to make nice on tariffs