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Wall Street Surges With Dow Snapping Four-Day Slide as Trade War Fears Ebb

Wall Street rallied on Monday, with widespread gains touching all sectors on the Standard & Poor's 500 while the Dow Jones Industrial Average stemmed a four-day losing skid as concerns about a trade war that dented markets last week eased back.

While President Donald Trump told reporters that the U.S. "has been ripped off by virtually every country in the world," he also said that "I don't think you'll have a trade war." Caterpillar ( CAT ) and Boeing ( BA ) -- stocks that were hit last week amid concerns about Trump's steel and aluminum tariffs, were among the best performers on the Dow.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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