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From CNN, I'm a phoma dk, with the five things you need to know for Tuesday, April 22nd.

U.S. stocks bounced back this morning from a steep sell-off Monday.

The Dow surged more than a thousand points at one point.

After Treasury Secretary Scott Bessent told investors that the U.S.-China trade war is unsustainable,

and he expects the battle to de-escalate.

That's according to a person familiar with the matter.

And it comes as gold hit a fresh record high above $3,500 an ounce. It's among the best-performing assets that investors are running to amid broad uncertainty about the outlook for the global economy.

Wall Street this week will be on edge for potential signs of progress in trade talks,

but also focused on a slate of earnings results for the first quarter. Financial Data Company

FACSET shows all three major indexes on track for their worst month since 2022, but the Dow on track

for its worst April since the Great Depression.

Many gathered for Mass in New York St. Patrick's Cathedral to remember Pope Francis.

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