#MarketRebound Wall Street experienced a strong recovery on Wednesday, April 23, 2025, with major indices recording significant gains:
S&P 500: rose by 1.7% (88.10 points) to close at 5,375.86
Dow Jones Industrial Average: increased by 1.1% (419.59 points) reaching 39,606.57
Nasdaq Composite: surged by 2.5% (407.63 points) closing at 16,708.05
Russell 2000: representing small companies, also rose by 1.5% (28.86 points) to stand at
1,919.14
This rally is attributed to a more conciliatory tone from President Donald Trump regarding the Federal Reserve and trade tensions, including a willingness to reduce tariffs on Chinese imports and assurances not to remove Fed Chair Jerome Powell.