Wall Street rallied into the close on Monday, with industrials leading the way as investors cheered the easing of trade tensions between the U.S. and China while merger deals sparked positive sentiment that carried through the day.
Nearly all the blue chips on the Dow Jones Industrial Average were in the green, with Boeing ( BA ), United Technologies ( UTX ) and Caterpillar ( CAT ) among the top gainers. Semiconductor stocks lifted the information technology sector and gave Micron ( MU ) the best advance on the Nasdaq Composite.
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