U.S. stock index futures leapt on Wednesday after President Donald Trump pulled back on his threats to fire Federal Reserve Chair Jerome Powell and raised hopes for a trade deal with China. Shares of Tesla,

The Transportation Department announced a national framework for autonomous vehicles, a step closer to putting more self-driving cars on U.S. roads.

Tesla’s stock soared 5.3% after CEO Elon Musk recently told investors he would be spending more time on the company. Investors responded enthusiastically to his promise, sending the stock soaring. The electric vehicle manufacturer’s troubles are compounding quickly after it previewed a disappointing quarter.

US stock futures drop after Trump says 20- 50% tariffs on foreign imports would be a victory. His remarks overshadow possible waivers from China.

About half the people surveyed in a new opinion poll think prices while climb sharply, and are increasingly concerned about the possibility of a recession within the next few months.

An-NORC Center for Public Affairs Research poll suggests Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering