Wall Street veers upward after Trump softens his criticism of China

NEW YORK (AP) — And back up goes Wall Street. U.S. stocks rallied Monday after President Donald Trump said ” it will all be fine,” just days after he sent the market reeling by threatening much higher tariffs on China. The S&P 500 jumped 1.6% in its best day since May and recovered just over half its drop from Friday. The Dow Jones Industrial Average climbed 587 points, or 1.3%, and the Nasdaq composite leaped 2.2%. “Don’t worry about China,” Trump said on his social media platform Sunday. He also said t ...