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US and China agreed to cut tariffs on each other's imports

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Wall St sees gains after tariffs relaxed (Getty).
Wall St sees gains after tariffs relaxed (Getty). Credit: Xinhua News Agency/Xinhua News Agency via Getty Ima

Stock markets in the US and Europe have rallied off the back of trade tensions easing between China and the US.

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By Tee Mitchell, Richelle Harrison Plesse

Presented by sri dean

Source: SBS

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Stock markets in the US and Europe have rallied off the back of trade tensions easing between China and the US.

On Wall Street, the S&P 500 surged more than 3 per cent, while the Nasdaq catapulted 4.4 per cent higher.

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