From April 11 to 12, within a two-day span, the Dow Jones experienced a recovery from 26,062 points to 26,412 points, by 1.34 percent. Throughout early April, the Dow Jones had struggled to show momentum above the mid-25,000-point level, possibly due to the lack of clear stimuli for short-term growth and the uncertainty surrounding the trade talks between the U.S. and China. As said by Thomas Lee, head of research at Fundstrat Global Advisors, the U.S. economy may be in better shape than most investors expect, considering that JPMorgan, the largest bank in the U.S., recorded a profit in the
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