Markets rallied Wednesday on signs of easing U.S.-China tensions, with the Dow up 427 points before fading. Tech stocks surged, led by Tesla and Nvidia, while Trump’s softer tone on tariffs and support for Fed Chair Powell reassured investors. Gold dipped over 2% as analysts flagged a potential cooling point (they are up 1% today), while Bitcoin ETFs saw their biggest inflow since January, fuelled by dollar weakness. Copper hit monthly highs, reflecting renewed optimism on trade and global demand.