Stocks and Investing
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Stocks and Investing
Source: (remove) : CNN
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Tue, April 22, 2025
[ Tue, Apr 22nd ] - CNN
Stocks rebound as US Treasury Secretary says China trade war is unsustainable
Mon, April 21, 2025
[ Mon, Apr 21st ] - CNN
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Thu, April 17, 2025
[ Thu, Apr 17th ] - CNN
Stocks close out choppy day after Trump calls for ousting Fed Chair Powell
Mon, April 14, 2025
[ Mon, Apr 14th ] - CNN
US stocks get boost from tariff exemptions but trade war confusion persists
Thu, April 10, 2025
[ Thu, Apr 10th ] - CNN
US stocks, dollar tumble as Trump's trade war rattles Wall Street
[ Thu, Apr 10th ] - CNN
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Wed, March 19, 2025
[ Wed, Mar 19th ] - CNN
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[ Tue, Mar 18th ] - CNN
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Sun, March 16, 2025
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Fri, March 14, 2025
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Thu, March 13, 2025
[ Thu, Mar 13th ] - CNN
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Tue, March 11, 2025
[ Tue, Mar 11th ] - CNN
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Thu, March 6, 2025
[ Thu, Mar 06th ] - CNN
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Wed, March 5, 2025
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Mon, March 3, 2025
[ Mon, Mar 03rd ] - CNN
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Sat, March 1, 2025
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Fri, February 21, 2025
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Thu, February 20, 2025
[ Thu, Feb 20th ] - CNN
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Mon, February 10, 2025
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Fri, January 3, 2025
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Fri, December 27, 2024
[ Fri, Dec 27th 2024 ] - CNN
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Wed, December 18, 2024
[ Wed, Dec 18th 2024 ] - CNN
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Tue, December 10, 2024
[ Tue, Dec 10th 2024 ] - CNN
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Stocks rebound as US Treasury Secretary says China trade war is unsustainable


Published on 2025-04-22 19:21:01 - CNN
  Print publication without navigation

  • Treasury Secretary Scott Bessent told investors Tuesday that the US-China trade war is unsustainable and he expects the battle to de-escalate, a person familiar with the matter confirmed to CNN, giving a boost to a Wall Street rally that had taken shape this morning.

Stocks rebounded on October 17, 2023, following comments from U.S. Treasury Secretary Janet Yellen, who described the ongoing trade war with China as "unsustainable." Yellen's remarks, made during a speech at the U.S.-China Business Council's 50th anniversary dinner, suggested a potential easing of tensions between the world's two largest economies. Her comments boosted investor confidence, leading to gains in major stock indices. The Dow Jones Industrial Average rose by 1.5%, the S&P 500 increased by 1.7%, and the Nasdaq Composite climbed by 2.1%. Yellen emphasized the need for a more stable and constructive economic relationship with China, hinting at possible future negotiations to resolve trade disputes.

Read the Full CNN Article at:
[ https://www.msn.com/en-us/money/markets/stocks-rebound-as-us-treasury-secretary-says-china-trade-war-is-unsustainable/ar-AA1DoqY3 ]

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