Traders work on the floor of the New York Stock Exchange.
Mandatory Credit: Michael M. Santiago/Getty Images via CNN Newsource
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Dow soars 1,100 points after Trump team and China dramatically lower tariffs
US stocks surged on Monday after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower levels, which some economists say could stave off a US recession.
