Stocks Rise Late on Trump’s Bullish Economic Call: Markets Wrap

  • US President says he doesn’t see a US economic recession
  • He backtracks on Canada, says 25% metal levies taking effect
Confusion, Shock Causing People to Pause: RBC’s Calvasina
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Stocks climbed in late hours after President Donald Trump said he doesn’t see a US economic recession, downplaying Wall Street’s jitters around his trade war.

“I don’t see it at all. I think this country’s going to boom,” Trump said at the White House. He added that markets “are going to go up and they’re going to go down. But you know what, we have to rebuild our country.”