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Wall Street Futures Surge as Trump Backtracks

Wall Street Futures Surge as Trump Backtracks
The "Taco" trade, or "Trump always chickens out" trade, is on full display this week after the deep crash on Friday. Wall street stocks surged on Monday after the selloff on Friday saw over 1.65 trillion dollars wiped out from market value on renewed US-China trade war fears. On Tuesday, futures point to another green open, and oil recovered sharply after Trump opened the door for a China deal, even as the trade spat drags on.