Global stock markets surged today after the announcement of a breakthrough trade deal between the United States (US) and China. The agreement, which is set to be signed next month, includes promises from China to purchase more US agricultural products and better protect intellectual property rights. The news has eased fears of a prolonged trade war between the world’s two largest economies. The US stock market hit record highs following the announcement, with the Dow Jones Industrial Average crossing the 30,000 mark for the first time. Investors are hopeful that the deal will boost economic growth and provide a much-needed stimulus to global trade.


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