Dow Surges 500 Points in Early Trade on Softer China Tone From Trump

Buying accelerated after the president signaled a less hardline approach toward China.

Overview

By 10:00 a.m. in New York, the Dow was up 510.97 points at 45,990.57, according to Kyodo’s dispatch.
Traders pointed to reduced fears of a renewed U.S.–China trade clash following Trump’s signal of a softer stance, prompting early buying.
Jiji reported the Dow’s gain exceeded 500 points soon after the open, while the Nasdaq Composite rose 314.93 to 22,519.36 at 9:35 a.m.
The rebound marked a shift from recent sessions marked by sensitivity to U.S.–China policy signals.
Multiple Japanese outlets, including Chunichi Shimbun and Nishinippon via Kyodo, carried corroborating intraday figures that may differ from the closing levels.