US stocks surged on Monday, bouncing back from Friday’s rout after President Trump played down the escalating US trade standoff with China, saying it “will all be fine!”
The Dow Jones Industrial Average (^DJI) jumped 1.3%, or over 550 points. The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) gained nearly 1.5% and 2%, respectively, coming off their worst day since April.