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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 · 9h

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 · 15h

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.

8hon MSN

S&P 500 Gains and Losses Today: Tech Stocks Jump as Trump Softens Stance on Fed and Trade

The S&P 500 advanced 1.7% on Wednesday, April 23, as comments from the White House pointed to stability at the Fed and the ...

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 ...

39mon MSN

The Latest: US stocks are leaping amid a worldwide rally

U.S. markets are poised to open with big gains, a clear signs of relief after President Donald Trump said he would not ...

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 ...

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

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 ...

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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