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Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
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Investor's Business Daily on MSNDow Jones Futures Surge 1,000 Points On Trump-China Tariff Deal; Apple, Nvidia, Tesla RallyDow Jones futures surged 1,000 points after President Trump and the U.S. reached a trade deal with China. Apple, Nvidia and Tesla rallied.
US stock futures surged even higher on Monday after the US and ... the two sides had reached a deal for a 90-day pause in measures that would see tit-for-tat tariffs cut by 115%.