Fresh hopes of a resolution to the trade dispute between the US and China underpinned a solid rebound on US equity markets, with investor sentiment also buoyed by strong quarterly results from Cisco Systems Inc (up +2.96%) and Walmart Inc (+9.33%) - Dow rallied +396-points or +1.58% to post its best single session advance since 10 April, with Boeing (up +4.3% and alone adding ~100 points to the index) and Caterpillar Inc (+3.2%) - two bellwethers for global trade - among the leading index performers. The broader S&P500 +0.79%, with consumer staples (up +1.5%) and financials (+1.3%) leading all 11 primary sectors higher.
