On Wednesday, US Wall Street stocks soared after suffering heavy losses yesterday.
All three major indexes strengthened after US President Donald Trump announced that he would negotiate amicably with China and lower the 145% tariff on the Republic of China.
The tariff war situation between the world's two giant economies is seen to have begun to subside for a while after both were aggressive in responding to previous tariff attacks.
The Dow Jones Index rose 2.66%, the S&P 500 jumped 2.51% while the technology-focused Nasdaq strengthened 2.71%.
Furthermore, the rise in the major indexes was also supported by reports that Trump did not plan to fire Federal Reserve (Fed) Chairman Jerome Powell after repeating the threat of firing him yesterday.
At the same time, investors finally breathed a sigh of relief to continue investment activities after experiencing concerns over the issue of tension between Trump and Powell.
Overall, US stock market trading volume recorded $15.21 billion compared to $18.94 billion over the full 20 trading days.
