Dow rises 100 points, inches closer to record high amid China trade optimism

Stocks traded higher on Monday, approaching record levels, amid increasing optimism around U.S.-China trade relations.

Bank shares contributed to Monday’s gains, with JPMorgan Chase climbing 2.1 percent, Citigroup advancing 3.1 percent, and Bank of America gaining 2.6 percent. The gains in bank stocks come as the Treasury yield traded higher. China offered last week to increase purchases of U.S. agricultural products if the U.S. eased restrictions on telecom giant Huawei, Politico reported on Friday. China’s offer could also be contingent on the U.S. delaying higher tariffs on about $250 billion worth of Chinese imports, the report said.

Both countries have been engaged in a trade war since 2018. In that time, China and the U.S. have exchanged tariffs on billions of dollars worth of goods. The conflict has dampened expectations of global economic growth.

Market manipulation

Just wait for it. The recession is coming. The world is more unstable and is growing even more unstable since Putin lost 13 seats in his House. And we just took our embedded Russian Asset out for fears of Trump running his mouth to Putin

BS there will be no deal

'Increasing optimism' ? More like 'increasing desperation'.

the china men are ready to buckle! GO TRUMP GO USA MAGA

What about Tuesday?

To all the DesperateDemocrats and political activist calling themselves journalists, stop wishing for a US economic disaster. It's un-American and proves only how truly butthurt you are.

Hey! Guys! It's Tuesday.

Or as we in America like to call it. Market manipulation by our Criminal in Chief. Crash the market so his cronies can buy cheap then make up BS so the market rebounds and they make Bank. It's a pretty good scam. Just so everybody understands it has nothing to do with a trade War

Awwwwthe poor boo birds coming ..3 2 1 ….. thanks Ovomit !

TrumpPumpAndDump, oligarchs win

You’d think supposedly educated men on Wall Street could make up their own minds instead of listening to the four year old bully baby trump residing in the White House

This is like the 134th time we've seen this headline.

but the DOW had a few bad days, and the media told me that we were in a recession. how can the market be back at record levels so fast? it's almost like people have no attention span, or understanding of what they're outraged about.

Trump!!!🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

The stock market is a toddler with a learning problem.

Oh look inside trading queued by the white house

Winning!

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