Wall Street indexes climbed for a second day as President Trump rescinded tariff threats on European allies, boosting investor confidence. Positive U.S. economic data, including strong consumer spending and resilient growth, further supported the market’s advance. This rebound follows recent volatility driven by geopolitical concerns.
US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fears
Wall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. The