US Stocks Rally on Positive Economic Data and Diplomatic Talks Despite Trade Tensions with China and Tariff Threats.

US stocks witnessed a significant surge, aligning with the global market recovery, driven by promising economic indicators and diplomatic talks. Nevertheless, the positivity was overshadowed by President Trump’s warnings of imposing tariffs on China, intensifying trade tensions and eliciting caution from Beijing. The S&P 500 approached a notable downturn amidst the prevailing uncertainty.

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