The developments came as China has struck a publicly defiant tone and Trump sowed confusion by claiming that he had spoken with Chinese President Xi Jinping, which Beijing denied.

Day Winning Streak 4:32 pm And that’s a wrap! Thursday closed with the S&P 500 up 2%, the Nasdaq up 2.7%, and the Dow scoring a 1.2% rise, marking the third straight day of all three major stock indices rising after Monday’s rout.