NEW YORK, April 23 (Xinhua) -- U.S. stocks extended gains on Wednesday, as U.S. President Donald Trump struck a more conciliatory tone on both Federal Reserve Chair Jerome Powell and tariffs on Chinese goods, soothing investor fears that had weighed on markets in recent sessions.
The Dow Jones Industrial Average rose 419.59 points, or 1.07 percent, to 39,606.57. The S&P 500 added 88.10 points, or 1.67 percent, to 5,375.86. The Nasdaq Composite Index increased by 407.63 points, or 2.50 percent, to 16,708.05.
