US markets gain sharply on hopes of tariff talks

.

US stock markets opened the trading session on a positive note after a massive sell-off that sparked a global market bloodbath. 

The reason for the sharp rally was hopes of the US renegotiating some aggressive tariffs.

The Dow Jones Industrial Average gained over 1,300 points or 3.5% shortly after opening, while the Nasdaq and S&P 500 surged sharply by nearly 4%.

This comes as a major relief for Wall Street investors, who have been overwhelmed by Trump’s tariff tsunami over the past few days. 

With anticipation building over a relook at some of the aggressive tariffs, investors are looking to pick up some stocks at deep discounts.