Wall Street today: Nasdaq rallies 2.8%, S&P 500 up 1.8%, Dow adds 1.3% as Trump drops plans to fire Fed Chair Powell
US stock indices jumped on Wednesday after President Donald Trump said he has no plans to remove Federal Reserve Chair Jerome Powell and on hopes for a trade deal with China. At 12:53 PM EDT, the Dow Jones Industrial Average rose 1.27%, the S&P 500 …