US stocks rebound after Trump says China tariffs will not stay; regional bank worries still weigh on markets – track Dow, S&P 500
US stock futures bounced back on Friday after President Trump said that high tariffs on China will not remain, helping calm investors, as per the X post by The Kobeissi Letter. Earlier, markets had dropped sharply. After Trump’s comment, the S&P 500 Because of the earlier US stock futures drop investors sold risky stocks like AI and tech companies. They put their money into safer things like gold and government bonds. The Dow Jones fell about 235 points, the S&P 500 went down 0.8%, and the Nasdaq dropped 1% ...