Global markets rally as hopes of US-China trade deal rise
by Richard Partington Economics correspondent from on (#4J9XH)
Wall Street hits record high after Donald Trump and Xi Jinping agree to resume talks
Stock markets around the world have rallied sharply as hopes of a peace deal in the US-China trade war rise.
Shares on Wall Street hit intraday highs on Monday after Donald Trump and the Chinese president, Xi Jinping, agreed to resume trade negotiations following a meeting at the G20 gathering of world leaders in Japan at the weekend.
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