NEW YORK (AP) — And back up goes Wall Street. U.S. stocks are rallying Monday after President Donald Trump said “ it will all be fine ,” just days after he sent the market reeling by threatening much higher tariffs on China .

The S&P 500 jumped 1.1% to recover a little less than half of its drop from Friday, which was its worst since April. The Dow Jones Industrial Average was up 413 points, or 0.9%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 1.3% higher.

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