Stocks Rebound as Trump Softens China Stance

Global stocks surged after Trump softened his stance on China trade war, but gold prices hit record highs amid lingering economic uncertainty. The Dow soared almost 500 points, while oil rebounded from five-month lows. All eyes are now on US bank earnings to justify high stock valuations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.