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Trump Softens Stance on China Tariffs & Powell, Tesla Profits Drop 71%

The Rundown

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Intro

This chapter highlights a positive change in market sentiment driven by the White House's remarks on U.S.-China tariffs, resulting in significant gains for the S&P 500 and NASDAQ. It also discusses Tesla's earnings report, which despite revealing a profit decline, coincided with an increase in its stock value.

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