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Stock market today: Dow, S&P 500, Nasdaq futures surge on US-China deal to slash tariffs
US stock futures surged even higher on Monday after the US and China said they have agreed to slash most tariffs for 90 days while further trade talks take place. Stocks were already making gains over after the US said it had made "substantial progress" in weekend trade talks with China,
Dow, S&P Futures Surge After U.S. and China Agree to Slash Tariffs
Stock futures extended gains, after the U.S. and China said they have agreed to suspend most tariffs on each other's goods while further trade negotiations continue. Contracts tied to the S&P 500 and Dow industrials recently stood more than 2% higher.
Trump administration announced a “trade deal” with China following negotiations over the weekend in Switzerland.
The US is cutting tariffs on Chinese goods from 145% to 30% while China is chopping its levies on American imports from 125% ...
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