Stockmarkets soar as Trump's new conciliatory tone ends the war against China and Powell

The Nasdaq surges 4% as the president backtracks on his stance, no longer seeking to dismiss the Fed chairman and aiming for a tariff agreement with China. Donald Trump is now spending more time retracting his statements than he did destabilizing the market with his trade war and harsh remarks against almost everyone, including the Federal Reserve Chairman, Jerome Powell. Once again, the markets have put him in his place. The massive sell-off of...