US stocks surge on hopes of China trade deal

(Image: Getty)

Wed, 23 Apr 2025

Wall Street stocks rebounded Tuesday on upbeat remarks by US officials about trade talks with China, after gold earlier hit a record on jitters surrounding tariffs and other issues.All three major US indexes rose by more than 2% following White House Press Secretary Karoline Leavitt's comments that Trump was "setting the stage for a deal with China".The Dow ended 2.7% higher while the broad-based S&P 500 climbed 2.5%. Europe's main indexes logged gains as well, as the region's trading resumed after a long weekend break...

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