Wall Street Posts Biggest One-Day Gain in 2-1/2 Years as Trade-War Fears Ebb


NEW YORK — Wall Street’s three major indexes jumped to their greatest one-day gain in two-and-a-half years on Monday, led by the tech sector, as trade war fears eased on reports that the United States and China were willing to renegotiate tariffs and trade imbalances.

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The Dow Jones Industrial Average rose 669.4 points, or 2.84 percent, to 24,202.6, the S&P 500 gained 70.29 points, or 2.72 percent, to 2,658.55 and the Nasdaq Composite added 227.88 points, or 3.26 percent, to 7,220.54.

(Reporting by Stephen Culp; Editing by James Dalgleish)

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