After a week of turmoil triggered by President Trump's trade war, global stock markets are experiencing a significant rebound. Major indexes like the S&P 500 and Dow Jones are seeing substantial gains as investors remain hopeful for negotiations.
US stocks saw extreme volatility as traders reacted to rumors about potential tariff negotiations. Despite a brief surge, the market plummeted again as fears of a trade war escalate.
The White House was poised to announce a TikTok deal when China insisted on tariff discussions first, derailing negotiations and extending the ban deadline.
