The Dow climbed 300 points, or 1.3%, at Tuesday’s opening bell on hopes for progress on a trade deal with China.
The S&P 500 jumped 1.1%, leaving both indexes on track for their first three-day winning streak since late November.
The Nasdaq advanced 1% as well, boosted by 2% rallies for Amazon and Facebook.
Markets got an extra boost after President Trump reiterated on Twitter that US-China trade talks are going “very well.” Trump offered no other details on the status of the negotiations, which began Monday in Beijing.
US oil prices continue to recover, with crude jumping another 1.8% to $49.40 a barrel.
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