Investing.com -- U.S. stocks rose Monday, extending last week’s rally, as investors cheered growing expectations of a Federal Reserve rate cut and encouraging signs of progress in U.S.-China trade negotiations.

At 10:32 ET (14:32 GMT), the Dow Jones Industrial Average traded 245 points, or 0.5%, higher, the S&P 500 index gained 60 points, or 0.9%, and the NASDAQ Composite jumped 340 points, or 1.5%.

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