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US Stocks Rally on Bessent’s Comments on China Trade Situation

US Stocks Rally on Bessent’s Comments on China Trade Situation

Global Cryptocurrency
Release Time:
2025-04-22 21:06:02
0
US equities erased Monday losses and hit intraday highs Tuesday after Treasury Secretary Scott Bessent reportedly said the US/China trade war is unsustainable, though negotiations have not yet started. The Dow Jones Industrial Average gained over 1,000 points, and the Nasdaq Composite ROSE as much as 3.3% during the session.
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