"Dark clouds are clearing in the US economy": the stock market on Wall Street closes with significant pluses

The stock exchanges in New York closed on Monday with significant gains. Comments by US President Joe Biden about a possible elimination of tariffs on Chinese goods imported under Donald Trump sparked optimism. Biden would like to push inflation with the move. Furthermore, cloud company VMware was a strong riser due to takeover rumours. The banking sector on Wall Street was also on the rise.

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