Global stocks, dollar rally on U.S.-China trade deal hopes

NEW YORK (Reuters) - Oil prices rose and stocks rallied worldwide on Thursday after China said it had agreed with the United States to cancel tariffs in phases, a key consideration in reaching a deal to end a trade war that has crimped economic growth and roiled markets.But U.S. stocks pared some gains after Reuters reported rolling back existing tariffs as part of a trade deal faces fierce opposition at the White House and from outside advisers, multiple sources familiar with the talks said.For..