Dow Soars 1,000 Points as US-China Trade War Truce Sparks Rally—Traders Forget Fundamentals Again
Markets roar back as geopolitical tensions ease—proving once more that Wall Street thrives on short-term amnesia.
Tariff ceasefire triggers algorithmic buying frenzy, with the Dow posting its biggest single-day gain since 2020. Meanwhile, crypto markets remain oddly flat—institutional money still prefers the dopamine hit of legacy market volatility.
Classic case of ’buy the rumor, sell the news’—except this time, the rumor was a diplomatic footnote and the news is another can kicked down the road.