Dow Jones jumps 1,000 points at open, Nasdaq, S&P 500 soar 3% as Trump goes soft on Fed's Powell
- Posted on April 23, 2025
- By Business News Today
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Dow Jones jumps 1,000 points at open, Nasdaq, S&P 500 soar 3% as Trump goes soft on Fed's Powell

Wall Street's main indexes rallied at the open on Wednesday after U.S. President Donald Trump dialed back on his threats to fire Federal Reserve Chair Jerome Powell and raised hopes for a trade deal with China.