The shares are gathered after Trump wore optimism in China, Powell

The stock market gathered on Wednesday morning with the opening of trading for the first time since President Trump reduced his approaches to trade with China and frustration with the Federal Reserve.

The Dow Jones industrial average has opened an increase of more than 700 points on Wednesday, rising about 2 percent. The S&P 500 and Nasdaq Composite index was also opened with strong gains, putting the market on the right track for the second day of the gains.

The stock market march comes after Trump told the reporters on Tuesday afternoon – after the market closed – that he “has no intention” to shoot at Federal Reserve Chairman Jerome Powell despite his criticism over and over again and threatens his job security for the past two weeks.

The president also told the correspondents that it is possible that the import tax rate is likely to reduce it by 145 percent imposed on Chinese goods, and he expressed optimism in a trade agreement with Beijing.

“145 percent is very high,” Trump told reporters on Tuesday at the Oval Office. “It will not be high … will not be anywhere near this high,” Trump told reporters on Tuesday at the Oval Office. “It will drop significantly, but it will not be zero.”

“We’ll be very nice. They will be very nice, and we will see what is happening. But in the end, they have to make a deal, because they will not be able to deal in the United States,” Trump said in a reference to China.

Treasury Secretary Scott Pessant will speak at 10 am on the state of the financial system, after weeks of concerns about the stability of the markets.