CNBC’s Jim Cramer said Tuesday that the Trump administration’s decision to remove some items from its new China tariffs list signals the president wants to halt the stock market’s decline.

“I think this is the president saying, ‘I don’t want the stock market to go down any more,'” Cramer said as the Dow Jones Industrial Average rocketed from a down opening to a more than 400 point, nearly 2%, gain. After declines on Friday and Monday, the Dow had been down more than 5% from July’s all-time highs before Tuesday’s trading.

Shortly after the open on Wall Street, U.S. trade

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