Dollar also rallies as the two biggest economies agree to cut tariffs for 90 days in new deal
US president Donald Trump holds an executive order related to drug prices alongside Dr Mehmet Oz, administrator of the Centres for Medicare & Medicaid Services (left), and health and human services secretary Robert F Kennedy Jr (right) in the White House on Monday. Photo: AP
Wall Street reached its highest levels since early March after the announcement of a US-China agreement to reduce tariffs.
The dollar also surged as the two biggest economies in the world called a halt to their trade war.
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