After Trump softened in China, the market rose sharply, and he says he “is not going to fire him.”

• The stock opened higher Early trading on Wednesday. The surge comes after Donald Trump set back the threat of firing the Federal Reserve Chairman and showed his willingness to lower China’s tariffs.

After Donald Trump, Stock continued his rally early on Wednesday Retreated from the threat Removes the Federal Reserve Chair and shows that it will be involved in China’s imports Can be lowered In the coming weeks.

All major indexes were opened up rapidly high. As of 9:45am ET, Dow The Jones Industrial Average rose 1,006 points (2.57%); Nasdaq The index spiked 632 points (3.94%), while the S&P 500 rose 162 (3%).

Pop comes after a strong Tuesday for traders. This concluded the Dow’s four-day losing streak, exceeding 1,000 points. S&P and Nasdaq rose more than 2% on Tuesday.

Investors were relieved to hear that Trump was saying he “not going to fire him.” It appears to be a comeback from the stance he took last week when he wrote on social media that Powell “ends won’t come quickly enough,” calling the Fed’s chair “major losers.”

Trump has also shown that he will soften with his stance on strict tariffs on China, with a high 145% current ratio, and in the future “it’s not that high. It’ll be a massive decline. But it’s not zero.”

Stocks Tesla Also, Elon Musk was higher after spiked 5% after he announced his time with his time on Tuesday afternoon It was winding And he will pay more attention to the car maker.

Stocks remain unstable, but investors seem to be settling in somewhat of a turmoil. cboe The volatility index, which exceeded 50 earlier this month, currently stands under the age of 28 (compared to around 20 last year), is the lowest level since Trump announced his mutual tariff plan.

Despite meetings on early trading on Tuesday and Wednesday, all three key metrics are still lower than when they were Mutual tariffs have been announced. Both the S&P 500 and Nasdaq composite fell by 4%, with the Dow below the 5% that it stood on April 2nd.

This story was originally introduced Fortune.com