Wall Street on Thursday rose after President Donald Trump exhorted traders to "go out and buy stock now" following the announcement of a trade deal between the U.S. and the United Kingdom - the first of its kind since Trump's imposition of sweeping reciprocal tariffs in April.

The negotiations mark a significant de-escalation in Trump’s global tariff offensive, which had sent US stocks tumbling as much as 15 per cent following Trump’s “liberation day” announcement. Trump had paused most of the so-called reciprocal tariffs a week after they were announced,

US stocks surged on Monday after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower levels,

Stocks extended their rise after President Trump detailed cuts on U.K. tariffs and expressed high hopes for talks with China. "Better go out and buy stocks now," the president said. "This country will be like a rocket ship that's straight up.

U.S. stocks are sinking as more companies scrub their forecasts for upcoming profits because of uncertainty created by President Donald Trump’s tariffs.

President Donald Trump’s agreement with China to temporarily slash tariffs for 90 days offered the world a bit of welcome relief