US: Wall Street jumps at open as Trump says he has no plans to fire Powell
Published Wed, Apr 23, 2025 · 09:45 PM
Wall Street’s main indexes rallied at the open on Wednesday after US President Donald Trump dialled back on his threats to fire Federal Reserve Chair Jerome Powell and raised hopes for a trade deal with China.
The Dow Jones Industrial Average rose 628.0 points, or 1.60 per cent, at the open to 39,815.01.
The S&P 500 rose 108.2 points, or 2.05 per cent, at the open to 5,395.92, while the Nasdaq Composite rose 579.9 points, or 3.56 per cent, to 16,880.29 at the opening bell. REUTERS
Share with us your feedback on BT's products and services
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
More Fashion
LEESA ROWLAND From Hollywood to the Unknown: The Producer, Writer, Actress and Model Creating Her Own Next Chapter
Leesa Rowland has never been defined by just one role. Actress. Model. Writer. Producer. Author. Creative visionary. Philanthropist. Each title represents a different part of a career…
The Rise of Trevor Dutch: Strength, Style and Substance
From New York City to Europe’s Fashion Capitals, Trevor Dutch Is Bringing Strength, Sophistication, and Individuality to Every Frame In a city that never slows down, Trevor Dutch has…
Commentary: This year's Met Gala proved one thing: The real devil who wears Prada is Jeff Bezos
Apparently not content with bankrupting Sears, Toys R Us, Radio Shack and countless other businesses; buying and then maiming the Washington Post; and leading the Tech Bro right turn to…
Bald eagle 'massaging' its mate? AI deepfakes collide with the laws of the wild
Shadow gingerly places one taloned foot, then the other, on Jackie as she hunkers down on the nest. With Big Bear Lake glittering in the distance, he raises each foot in a kneading motion…