Dow, S&P Surge After U.S., China Agree to Slash Tariffs
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Markets around the world jumped after the U.S. and China agreed to slash tariffs on each other's goods, reassuring investors about the prospects for trade between the world’s two biggest economies and boosting the global outlook. The tech-heavy Nasdaq Composite jumped 4.3% and entered a new bull market, up more than 20% from its recent low. The S&P 500 rose 3.3%.
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