Stocks are rallying as Trump pivots from the 2 biggest things dragging down markets

Contributing sentiments towards policy:

48% : On Tuesday, Trump told reporters, "The press runs away with things.
45% : US stocks soared Wednesday after comments from Trump helped ease two major headwinds for the stock market: steep tariffs on China and the early termination of Federal Reserve Chairman Jerome Powell.
41% : The president called those tariffs "very high" and said that they "won't be that high." "No, it won't be anywhere near that high," Trump said.
40% : Economist David Rosenberg said that President Trump "blinked" and that it's sparking a short-covering rally.
29% : Trump also said the 145% tariffs against China likely won't remain in place.
26% : " When asked about the 145% tariff rate on Chinese imports on Tuesday, Trump said that it would be substantially lower.
15% : The moves on Wednesday morning include: After the market close on Tuesday, Trump said he has "no intention" of firing Powell before his term ends in May 2026.
11% : " Trump criticized Powell in a string of posts on Truth Social over the past week, arguing that the Fed Chairman should be cutting interest rates now, that he is a "major loser", and that his "termination cannot come fast enough.

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