Dow jumps 413 points in 5 minutes as Trump reassures markets ‘it will all be fine’

In a surprising turn of events, the Dow Jones Industrial Average surged by 413 points in just five minutes, following reassuring comments from former President Donald Trump. He emphasized that both the U.S. and China, under the leadership of Xi Jinping, are keen to avoid economic downturns, highlighting a desire for cooperation rather than conflict. This positive sentiment is crucial as it reflects a stabilizing influence on the markets, suggesting that investors are responding favorably to the prospect of improved U.S.-China relations.