February 17, 2016 / 9:05 PM / 13 days ago

US STOCKS SNAPSHOT-Wall Street rallies on easing U.S.-China trade fears

NEW YORK, Sept 5 (Reuters) - U.S. stocks surged on Thursday on expectations of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while strong economic data eased fears of a domestic slowdown.

The Dow Jones Industrial Average rose 371.93 points, or 1.41%, to 26,727.4, the S&P 500 gained 38.17 points, or 1.30%, to 2,975.95 and the Nasdaq Composite added 139.95 points, or 1.75%, to 8,116.83. (Reporting by Noel Randewich, Editing by Rosalba O’Brien)

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