S&P 500 notches third-biggest jump of past 5 years on trade deal hopes
Equities, dollar and oil advance in afternoon trading after world’s biggest economies reduce punitive levies
Economic news
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Wall Street stocks soar on US-China tariff reprieve
Deal stokes optimism among investors that Donald Trump will de-escalate trade war
Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit
Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March.
US stocks on course for big daily jump on US-China tariff reprieve
US stocks advance in afternoon trading while oil and dollar rise as countries reverse punitive levies
Crypto miner backed by Trump sons will list on Nasdaq
The move to tap equity investors highlights the sector’s revival under President Donald Trump
Opec+ calls time on attempts to boost oil price as Trump visit looms
Saudi Arabia frustrated with cartel members that exceed targets as production cuts become less effective