Relief Rally: Markets Surge as Trump Calms Powell and Tariff Tensions
US stock futures rose sharply Wednesday morning, building on Tuesday’s strong rally, boosted by Trump softening his stance on firing Fed Chair Powell and hinting at easing China tariffs. Treasury Secretary Bessent also fueled optimism, expecting trade “de-escalation” and calling the current situation “unsustainable”. Earnings Detail: Tesla missed Q1 revenue/profit