US markets close higher amid hopes of trade war de-escalation; S&P 500 up 1.6%
Wall Street today: US stocks climbed on Wednesday, driven by renewed optimism over potential progress in the U.S.-China trade talks and reassurances from President Donald Trump, who eased concerns about the Federal Reserve’s independence by stating he has “no intention of firing” Fed Chair Jerome Powell. The Dow Jones Industrial Average climbed 419.59 points, or…
