Dow surges 1,100 points and the NASDAQ soars
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U.S. stocks soared Monday as investors celebrated major progress on a U.S.-China trade deal. The Dow added over 1,100 points, exiting correction territory, while the Nasdaq Composite began a fresh bull market.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
NEW YORK — Stocks rallied May 12 after China and the United States announced a 90-day truce in their trade war. Each of the world's two largest economies agreed to take down temporarily most of their tariffs, which economists had warned could start a recession and create shortages on U.S. store shelves.
U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. They agreed to take down most of their tariffs that economists warned could start a
U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. Each of the world's two largest economies agreed t