Dow, S&P 500, Nasdaq rebound, Trump pressures Fed, Tesla earnings | April 22, 2025

U.S. shares climbed on Tuesday after a sell-off within the prior session.

The Dow Jones Industrial Common was up greater than 900 factors, or 2.3%, whereas the S&P 500 and Nasdaq Composite climbed 2.2% and a couple of.5%, respectively.

The foremost indexes rose after Bloomberg, citing sources, reported that Treasury Secretary Scott Bessent informed an investor summit that the commerce warfare with China is unsustainable and that he expects the commerce warfare to de-escalate.

Within the prior session, shares fell as buyers watched for indicators of progress on commerce talks, and after President Donald Trump continued criticizing Federal Reserve Chairman Jerome Powell.

The Dow dropped 971.82 factors, or 2.48%, whereas the S&P 500 and Nasdaq Composite have been down 2.36% and a couple of.55%, respectively.

Trump, in a submit on Reality Social, attacked Powell and claimed power prices and meals costs are “considerably decrease” and that there’s “just about No Inflation.”

“With these prices trending down so properly, simply what I predicted they might do, there can virtually be no inflation, however there is usually a SLOWING of the financial system until Mr. Too Late, a serious loser, lowers rates of interest, NOW,” Trump mentioned.

The president’s feedback come after he mentioned in a Reality Social submit final week that Powell is “all the time TOO LATE AND WRONG” and that, “Powell’s termination can not come quick sufficient.”

Trump’s repeated criticisms of Powell and the Fed have raised issues in regards to the long-term independence of the central financial institution because it makes financial coverage choices.