Stocks soared to new heights on Monday as investors bet that trade tensions between the US and China are easing, sending the S&P 500 up 1.2% and the Dow Jones Industrial Average higher by 337 points. The rally comes ahead of a meeting between US President Donald Trump and Chinese leader Xi Jinping on Thursday. With hopes for interest rate cuts and solid profits from major companies, Wall Street is climbing towards even more records.
Source: https://apnews.com/article/stocks-markets-nikkei-trump-china-7d7150df20283db5a295abc64d225a63