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Dow Jones Today: Stocks Rise Amid Optimism About Softer Trump Stance on Fed Chair Powell, Tariffs; Tesla, Chipmakers Lead Tech Rally

Stocks closed solidly higher Wednesday, though well off their earlier highs, as investor concerns about tariffs and Federal Reserve independence eased following comments from President Donald Trump.

Fox Business · 15h

Stocks rise as Trump softens on Fed Chair Powell, Tesla shares jump: Live Updates

The Dow, S&P 500 and Nasdaq Composite are on pace for a second day of gains after President Trump said he won’t fire Federal Reserve Chairman Jerome Powell after all, but he still pushed him to cut interest rates now.

The Baltimore Sun · 13h

Stock market today: Markets bounce after Trump says he won’t try to fire Fed Chair Powell

Most legal scholars agree that Trump can’t fire Powell from the Fed’s board of governors, and there is no legal precedent for doing so. However, there is less agreement over whether a president can remove him as chair.

Fed, China and White House

The New York Times · 9h

Stocks Rally, Swayed by White House Comments on Fed, Tariffs and Trade

Remarks by President Trump and his Treasury secretary fueled a rebound in markets, highlighting how Wall Street is influenced by news about the White House’s policy intentions.

Reuters on MSN · 10h

Dollar rebounds as White House seeks to ease tensions over Fed, China trade

The U.S. dollar staged a rebound against its major peers on Wednesday on hopes of de-escalating trade tensions and as President Donald Trump backed away from threats to fire the head of the Federal Reserve,

The New Republic on MSN · 16h

Panicking Trump Walks Back His Attacks on the Fed and China

Donald Trump is backtracking on some of his wild economic moves. The president said Tuesday that has “no intention” of firing Federal Reserve chair Jerome Powell after days of insults and threats over whether Powell would cut interest rates.

2don MSN

US stocks pare losses but end down on tariff and Fed independence fears. Dow sheds 970 pts

US stocks end sharply down on early signs of how tariffs hit companies and economies. Worries also stem from Trump's attacks ...

Maine Public7h

Stocks gain on hopes Trump will ease tensions with the Fed -- and China

The Dow Jones advanced after Trump said he wouldn't fire Fed Chair Jerome Powell and on hopes of easing tensions over tariffs ...

The Press Democrat51m

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 ...

Wall Street rises and markets rally worldwide as Trump softens his tough talk on tariffs and the Fed

The market’s latest move is up in part because Trump said late Tuesday that he has “no intention” to fire the head of the ...

2don MSN

Shocking Fed feud sends stocks crashing

Dow drops over 1,000 points amid Trump-Powell clash; Bitcoin defies trend, jumps 3% as traders pile in on futures and macro ...

USA Today2d

US stocks end higher on trade war hopes. Dow adds 1,000 points. Tesla earnings disappoint

"A multi-front trade war is by itself a lot for stocks to handle so adding a Fed independence crisis on top of it has markets understandably jittery," said Jeff Buchbinder, chief equity strategist ...

11h

Why AMD, Broadcom, and Taiwan Semiconductor Manufacturing Stocks Rallied on Wednesday

However, a double dose of good news overnight sparked a broad-based market rally, which helped drive semiconductor and ...

2don MSN

US stocks sink with the US dollar’s value as investors retreat further from the United States

U.S. stocks are sinking as investors pull away from the United States because of the uncertainty caused by President Donald ...

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