US stocks soar on White House optimism on China trade deal, Dow +2.7%

Quick Summary:

The Dow Jones industrial Average finishes at 39,187.04, up 2.7 per cent.

US Treasury Secretary Scott Bessent told a closed-door event in Washington that the tit-for-tat tariff war would de-escalate soon.

The broad-based S&P 500 gained 2.5 per cent to 5,287.76, while the tech-rich Nasdaq Composite Index jumped 2.7 per cent to 16,300.42.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaOman

Topics: Cent House Trump Deal Trade Market Jumped April York Stocks White

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 05:08:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 411 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 28158675

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

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