U.S. stocks ended the day off session highs but with solid gains after The Wall Street Journal reported that Trump administration officials were debating an easing of tariffs on Chinese imports in a bid to calm markets and offer Beijing an incentive to make deeper concessions.
A Treasury Department spokesman told the newspaper that no recommendations had been made.
The S&P 500 ended with a gain of around 20 points, or 0.8%, near 24,370, according to preliminary figures, while the Dow Jones Industrial Average advanced around 163 points, or 0.7%, to close near 24,370. The Nasdaq Composite gained around 50 points, or 0.7%, to end near 7,084.
Source : Market Watch