Stock markets rise as Trump says he will reduce tariffs on China ‘substantially'
1. Trump suggests substantial tariff reductions, boosting market confidence. 2. S&P 500 rises over 2.5% following tariff comments and Powell's job security. 3. Investor optimism increases as Fed chair is not threatened with dismissal. 4. Dollar and oil prices rise, signaling positive economic outlook. 5. Global markets rally, reflecting positive sentiment from U.S. trade developments.