News Summary
U.S. stocks saw a significant rebound as President Trump reassured investors, stating that ‘it will all be fine.’ The S&P 500 rose 1.6%, recouping losses from previous declines due to tariff threats. The Dow Jones climbed by 587 points, while the Nasdaq composite rose by 2.2%. Improved investor sentiment stemmed from Trump’s contrasting remarks about China and a desire to avoid economic downturns. Although concerns about inflated stock valuations remain, analysts predict a steady recovery could continue.
New York
U.S. stocks experienced a significant rebound on Monday as President Donald Trump reassured investors by stating that “it will all be fine.” This recovery came in the wake of a steep decline triggered by Trump’s threats to impose much higher tariffs on China. The S&P 500 index surged 1.6%, marking its best performance since May and recouping more than half of the losses incurred on Friday.
The Dow Jones Industrial Average climbed by 587 points, or 1.3%, while the Nasdaq composite rose by 2.2%. Investor sentiment improved following Trump’s social media messages where he advised not to worry about China, which contrasted sharply with his earlier criticism, in which he labeled China’s actions as “a moral disgrace.”
In his most recent statements, Trump suggested that both he and Chinese leader Xi Jinping are eager to avoid an economic downturn. He reiterated the U.S.’s desire to assist China rather than inflict harm, a notable shift from prior remarks that led to the S&P 500 experiencing its worst drop since April. His comments followed accusations against China regarding an “extremely hostile letter” related to export controls on rare earth materials, and he noted a potential additional tariff of 100% on imports from China set to begin on November 1.
The Commerce Ministry of China called for renewed negotiations to address trade disputes, affirming their preference to avoid a tariff war, though they remain prepared to engage if necessary. These market fluctuations echo past trends, specifically in April when Trump initially announced global tariffs but later softened his position to pursue trade negotiations.
Financial analysts indicate that if trade tensions ease, a steady recovery in the stock market could be feasible, potentially remaining on track until 2026. Despite current divergences, the S&P 500 remains close to its all-time high, although some critics express concern that present stock valuations appear inflated, with a substantial 35% increase observed since April.
Contributing to the market’s uplift, investor expectations for interest rate cuts by the Federal Reserve have also played a role in enhancing stock performance. Notably, shares of Broadcom saw an impressive increase of 9.9% following the announcement of a partnership with OpenAI to develop artificial intelligence technology.
As the week progresses, earnings reports from prominent firms such as JPMorgan Chase, Johnson & Johnson, and United Airlines are anticipated to be critical in evaluating overall market worth. However, not all companies shared in the positive momentum; Fastenal reported a significant decline of 7.5% following earnings that underperformed analyst expectations.
At the close of trading, the S&P 500 increased by 102.21 points to finish at 6,654.72. The Dow concluded at 46,067.68, whereas the Nasdaq reached 22,694.61. In international markets, European indexes recorded modest gains after steep losses in Asia, reflecting the impact of Trump’s tariff threats. Hong Kong stocks fell by 1.5%, and Shanghai experienced a minor drop of 0.2%.
On a more positive note, China reported an 8.3% rise in global exports for September, the most robust growth in six months, as the nation shifts its trade focus away from the U.S. to other international markets.
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Additional Resources
- Reuters: Wall St Futures Tumble
- Wikipedia: Stock Market
- SCMP: Wall Street Stocks Bounce
- Google Search: Trump China Trade Relations
- Fortune: Fed Powell Policy Hints
- Encyclopedia Britannica: Economic Crisis
- Reuters: Wall Street Futures Climb
- Google News: US Stock Market Updates

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