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Wall Street rises on softer U.S. stance on China trade

(Reuters) – Wall Street’s major indexes rose on Monday as a softer stance by U.S. policymakers on China tariffs powered a rebound from last week’s sell-off, though stocks pared gains in the final minutes of the trading session.

FILE PHOTO – Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 29, 2018. REUTERS/Brendan McDermid

The Dow Jones Industrial Average .DJI rose 46.41 points, or 0.19 percent, to 23,979.17, the S&P 500 .SPX gained 8.69 points, or 0.33 percent, to 2,613.16, and the Nasdaq Composite .IXIC added 35.23 points, or 0.51 percent, to 6,950.34.

Reporting by April Joyner; Editing by Leslie Adler

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