U.S. stocks soared Monday as investors celebrated major progress on a U.S.-China trade deal. The Dow added over 1,100 points, exiting correction territory, while the Nasdaq Composite began a fresh bull market.

U.S. benchmark oil prices settled Tuesday at their highest in three weeks, as trade-war optimism helped “alleviate consumer-demand concerns and recession worries,” said Tyler Richey, co-editor at Sevens Report Research.

President Donald Trump suggested many trade deals are near, while also endorsing cutting the tariff rate on China before weekend talks.

The nearest resistance level for SP500 is located in the 5700 – 5710 range. If SP500 climbs above the 5710 level, it will head towards the next resistance at 5800 – 5810. On the support side, a move below the 50 MA at 5631 will push SP500 towards the support level at 5590 – 5600.

U.S. stocks remained mostly higher in midday trading on Wednesday as investors closely watched the latest updates on trade negotiations between the White House and its trading partners, while awaiting

All three major indexes fell last week, with the Dow snapping a two-week winning ... looked for concrete outcomes from recent US-China trade negotiations, which both sides described as showing ...

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

U.S. stocks soared on Monday, just hours after the U.S. and China announced an agreement to slash tariffs for 90 days as the world’s two largest economies negotiate a wider trade deal.