Cooling trade tensions with China fueled a rush back into U.S. stocks Monday, vaulting the Dow industrials to their largest daily point gain since the financial crisis even as the threat of rising rates continued to vex investors. The Dow surged 669.40 points to 24202.60, reversing more than half of the losses suffered in a two-day swoon last week over the dispute between the two largest global economies. Fears over trade friction eased after The Wall Street Journal reported late Sunday that China and the U.S. began negotiating...
Source: Wall Street Journal March 26, 2018 23:26 UTC