The stock market made a significant recovery on Monday, as the anxieties over tariffs from the previous week began to diminish.
The Dow Jones Industrial Average surged by 588 points, translating to an increase of 1.3%. Meanwhile, the S&P 500 climbed 1.6% and the Nasdaq Composite experienced a notable rise of 2.2%.
This rebound from Friday’s losses was bolstered by President Donald Trump’s reassuring comments on Truth Social, where he stated, “Don’t worry about China, everything will be okay!” This positive sentiment provided a boost for Wall Street investors.
