Inside the historic $8 trillion market comeback

News Snapshot:

New York CNN — In early April, Wall Street threw a temper tantrum that would make a toddler proud. Fearing President Donald Trump’s chaotic trade war would ignite a global recession, investors scrambled to dump US assets. The rare simultaneous selloff of both stocks and bonds reflected a serious loss of confidence in White House policy. Then Trump changed his tune. The president paused so-called “reciprocal tariffs” for 90 days and later slashed tariffs on China, though many items still face higher tariffs than before the Trump administration. US stocks reversed course, too, setting off a historic rally on Wall...