NEW YORK (AP) -- And back up goes Wall Street. U.S. stocks are rallying 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 1.5% to recover more than half its drop from Friday, and it was heading toward its best day since May. The Dow Jones Industrial Average was up 581 points, or 1.3%, as of 2:45 p.m. Eastern time, and the Nasdaq composite was 2.1% higher.