Markets React To Trump’s Tariffs, US Earnings And Global Data

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Markets React To Trump’s Tariffs, US Earnings And Global Data - Business Today

Quick Summary:

Stocks mostly rose on Monday as investors assessed developments in the ongoing trade war, with countries attempting to temper the eye-watering tariffs imposed by President Donald Trump.

The market’s optimism was bolstered by discussions in China regarding plans to boost consumption in the world’s second-largest economy.

An official in China also denied Trump’s claims of a recent phone conversation with President Xi Jinping.