This headline is getting some of the credit for the rebound in risk appetite.
I saw the headline when it crossed and I didn't think it was a big deal. I believe it's obvious that Trump wanted to do infrastructure and the rally didn't really pickup until 10 minutes after this headline (which hit at 1923 GMT).
In any case, US stocks are well off the lows. The S&P 500 is down just 16 points to 2785. A finish above 2785 would be above the late-March low and would be a late win for the bulls after breaking the 200-dma at 2775 earlier.