MARKETSDow jumps more than 450 points as Wall Street concludes another wild session
PUBLISHED WED, APR 1 20206:13 PM EDTUPDATED THU, APR 2 20204:19 PM EDT
President Donald Trump told CNBC’s Joe Kernen he spoke with Russian President Vladimir Putin and Saudi Crown Prince Mohammad Bin Salman, adding he expects both countries to cut production by about 10 million barrels. Those comments sent U.S. crude prices up 24% for their best session on record. There were, however, concerns that both countries would follow through on production cuts of that magnitude.