Wall Street, China
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The rally was spurred by a better-than-expected report on the U.S. job market and resurgent hope for a ratcheting down in the U.S. trade showdown with China.
U.S. futures surged after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump began escalating his trade war
U.S. stocks are drifting in mixed trading after the Federal Reserve left its main interest alone, as was widely expected, but also warned about rising risks for the U.S. economy