Wall Street Rises In A Worldwide Rally

2 weeks ago U.S. stocks are rising as a worldwide rally comes back around to Wall Street. The S&P 500 jumped 2.2% Wednesday after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war. The Dow Jones Industrial Average added 591 points, and the Nasdaq composite climbed 3.2%. Treasury yields also eased in the U.S. bond market after Trump said he has no intention to fire the Fed's chair and that his tariffs could come down on China imports. Stocks also rallied across much of Europe and Asia.