Stocks rebound from Friday plunge after Trump softens tone on China tariffs
Stocks are rebounding after President Trump softened his tone on China, easing concerns that trade tensions between the two nations could escalate after he late Friday announced an additional 100% tariff on Chinese imports. The S&P 500 jumped 96 points, or 1.5%, to 6,637 in morning trade, while the Dow Jones Industrial Average rose 561 points,…