U.S. stocks made big gains amid clear signs of relief Wednesday after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and his Treasury Secretary Scott Bessent said he expects a “de-escalation” in what he called an unsustainable tariffs showdown against China.
“There is an opportunity for a big deal here,” Bessent said in a Wednesday morning speech..
Politics
The Latest: US stocks are leaping amid a worldwide rally

US stocks are leaping amid a worldwide rally after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and his Treasury Secretary Scott Bessent said he expects a “de-escalation” in what he called...