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Trade deals are driving the recovery for U.S. stocks with the S&P 500 erasing all of its losses post Liberation Day. President Trump continues his Middle East trip striking partnerships and investments,
President Donald Trump suggested many trade deals are near, while also endorsing cutting the tariff rate on China before weekend talks.
U.S. trade agreements in recent days mark progress toward reducing tariff barriers, although uncertainty remains a hindrance to economic growth, according to the Bank of England's deputy governor.
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.
U.S. stocks rallied Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland.
Shares have logged modest gains in most world markets as the initial euphoria over the 90-day truce in the trade war between the United States and China fades
U.S. trade agreements in recent days mark progress toward reducing tariff barriers, although uncertainty remains a hindrance to economic growth, according to the Bank of England's deputy governor.