Stocks rise on trade hopes, dollar gains on risk appetite
Share:
NEW YORK (Reuters) - The dollar strengthened and global stock markets rallied on Monday on signs the United States and China could soon end a damaging trade war as well as indications the world may yet dodge an economic recession.The three major U.S. stock indexes set record intraday 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 the trade talks and U.S. Commerce..