Tuesday's market rally shows Wall Street wants Trump to embrace 'the art of the backpedal'

Jesse Pound - CNBC - 21:54

Stocks jumped on Tuesday, boosted by news that Treasury Secretary Scott Bessent said he expects de-escalation in the tariff standoff with China.

Wall Street is showing President Donald Trump that he doesn't need a big victory in trade negotiations to win investors over — he just needs to create a path for cooler heads to prevail. Stocks rallied sharply on Tuesday, apparently boosted by news that Treasury Secretary Scott Bessent said he expects de-escalation in the tariff standoff with China "in the very near fu...
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Category: PRO: Playbooks

Tags: Investment strategy - Stock markets - business news -

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