💨 Abstract

Asian shares rose on Wednesday following President Donald Trump's indication that he won't dismiss the head of the U.S. Federal Reserve, and comments from U.S. Treasury Secretary Scott Bessent expecting a "de-escalation" in the trade war with China. The S&P 500 climbed 2.5%, the Dow Jones Industrial Average rose 1,016 points, and the Nasdaq composite gained 2.7%.

Courtesy: wtop.com

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