World stock markets rally on hopes for US-China trade deal
Updated : February 13, 2019 06:22 AM IST
Tokyo's Nikkei set the tone with a 2.6 percent rally, its best day of the year, while the Stoxx 600 index of European shares gained nearly 0.5 percent.
On Wall Street, the Dow Jones Industrial Average rose 372.65 points, or 1.49 percent, to 25,425.76, the S&P 500 gained 34.93 points, or 1.29 percent, to 2,744.73 and the Nasdaq Composite added 106.71 points, or 1.46 percent, to 7,414.62.
US and Chinese officials expressed hopes that the new round of talks, which began in Beijing on Monday, would bring them closer to easing their nearly year-long trade war.
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