US Stocks Soar on Report of Trump-Xi Call Amid Trade Tensions
US stocks jumped on reports of a phone call between US President Donald Trump and Chinese President Xi Jinping, erasing earlier losses driven by unexpected jump in jobless claims.
The S&P 500 is and Nasdaq 100 both gained 0.1% as of 9:33 am in New York. The Dow Jones Industrial Average was little changed.
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