Stocks Climb on Trade Hopes and Cooling Yields

New York, USA: Wall Street’s mood brightened as trade optimism and slightly lower Treasury yields fueled a broad rally in most stock sectors. The Dow Jones jumped more than 200 points, and the S&P 500 notched its fourth straight gain, led by utilities and consumer discretionary stocks. Investors welcomed signs that the U.S. and China might continue de-escalating trade tensions, while fresh economic data suggests the Federal Reserve could pause rate hikes soon. Tech stocks, however, underperformed slightly.