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Wall Street Jumps Over 2.5% on Hopes of China Trade Truce | Tesla Surprises, 3M Soars, Grumman Tanks

Wall Street rallied today as U.S. stocks bounced back with significant gains amid hopes of easing tariff tensions. Treasury Secretary Scott Bessent's optimistic remarks on trade with China boosted investor confidence, leading to a strong rebound across all major indexes. Despite the upbeat mood, concerns linger over the S&P 500's recovery to pre-pandemic highs. Stay updated with our recap as we discuss today's market movements, including Tesla's earnings report and notable stock performances like 3M's upbeat results and Northrop Grumman's profit decline.

first published: Apr 23, 2025 08:29 am

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