Wall Street today: Nasdaq rallies 4.2%, S&P 500 jumps 2.6%, Dow Jones gains 1.6% on US-China trade deal

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Wall Street key stock indices opened sharply higher on Monday as the United States and China reached a deal to reduce tariffs.

At the opening bell, the Dow Jones Industrial Average rose 649.7 points, or 1.57%, to 41,899.05. The S&P 500 rose 147.3 points, or 2.60%, to 5,807.2​, while the Nasdaq Composite rose 745.6 points, or 4.16%, to 18,674.555.

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