Global stocks gain on trade hopes, risk appetite lifts dollar

NEW YORK (Reuters) - The dollar strengthened and global stock markets rallied on Monday on signs the United States and China are nearing the end of a damaging trade war as well as indications the world economy may dodge a recession.The three major U.S. stock indexes closed at fresh record highs and MSCI's gauge of equity performance across the globe rose to less than 2% from an all-time peak set in January 2018.Beijing and Washington spoke Friday of progress in trade talks and U.S. Commerce..