Trump’s Pivot Stabilizes Stock Market Amid Tariff Uncertainty

President Trump’s recent shift in strategy on tariffs and Federal Reserve Chair Jerome Powell significantly impacted the stock market this week. His backtracking on harsh rhetoric towards Powell and a softening of his stance on tariffs sparked optimism, leading to a surge in major indexes. The relief brought about by these changes marked a noticeable change from the previous week’s market downturn caused by Trump’s earlier threats against Powell and potential trade escalation with China. Wall Street reacted favorably to this stability, seeing it as a green light for investors. ;