U.S. stock markets made a significant turnaround this morning, climbing sharply after a statement from White House economic adviser Kevin Hassett during an interview indicated that President Donald Trump was weighing a temporary 90-day halt on tariffs for all nations except China.
As of 10:25 a.m., the Dow Jones Industrial Average had climbed by 333.50 points, or 0.87%, to reach 38,614.49. Meanwhile, the S&P 500 advanced 79.99 points, or 1.69%, landing at 5,154.07, and the Nasdaq Composite surged by 362.69 points, or 2.33%, bringing it to 15,950.47.
{Matzav.com}
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