Stocks Rise as Trump Shakes Up Trade Landscape: Markets Wrap

President reconsiders TPP, says China tariffs may not happen
Crude reverses earlier decline, gold and Treasuries retreat

Laird Landmann, fixed income group managing director at TCW, says "this seems like the ideal time" to raise rates. (Source: Bloomberg)

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Sarah Ponczek and Janine Wolf

April 11, 2018 at 10:01 PM UTC

Updated on

April 12, 2018 at 8:04 PM UTC

This article is for subscribers only.

U.S. stocks gained and Treasuries retreated as President Donald Trump said he’s considering rejoining the Trans-Pacific Partnership trade deal he pulled out of shortly after taking office. Crude added to this week’s climb, and the dollar rose.

The S&P 500 Index was up roughly 0.8 percent and the Dow Jones Industrial Average added almost 300 points, or 1.2 percent, as investors assessed the changing trade dynamics. Trump also said that a decision on any military retaliation in Syria will come “fairly soon,” one day after he tweeted a warning to “get ready” for a missile attack.