The Dow Jones Industrial Average surged more than 400 points at the open on Monday, with all of its 30 components in positive territory, as trade-war fears eased somewhat. The Dow was led by gains in Boeing Co. and Microsoft Corp. , which were helping the price-weighted index rally, after the stock market logged one of its worst weeks in years. The Dow was most recently up 450 points, or 1.9%, at 23.998. Meanwhile, the S&P 500 was up 1.8% at 2,636, while the Nasdaq Composite Index climbed 2.1 at 7,138. Last week, stock benchmarks finished sharply lower on the back of fears about trade conflict between the U.S. and China, but a report from The Wall Street Journal signaled that the two parties are in currently negotiating, suggesting that a full-fledged trade war may yet be averted.
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