Stock market rallies after Treasury Secretary Bessent tells a closed-door investor summit that the tariff standoff with China is unsustainable

The rally was triggered in part by remarks that Treasury Secretary Scott Bessent delivered at a closed-door investor summit hosted by JP Morgan in Washington, D.C. As first reported by Bloomberg, Bessent told the audience that he expected the tariff situation with China to de-escalate while characterizing the ongoing standoff as unsustainable.

Iraq Obit Pope Francis Global Reax

A woman holds a photo of the late Pope Francis during condolences on the passing of Pope Francis in the Apostolic Nunciature, Vatican Embassy, in Baghdad, Iraq, Tuesday, April 22, ... ( read original story ...)