Stocks Climb as Investors Turn to Small-Caps, Tech: Markets Wrap
- Dollar at lowest since October; U.S.-China trade talks resume
- Amazon.com rises 3.4 percent to pass Microsoft in market cap
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U.S. stocks rallied Monday but gave back some early gains as small-caps and technology shares led the way amid the resumption of trade talks with China. The dollar fell to its lowest level since October and Treasury yields ticked higher with traders assessing the seemingly dovish remarks from Federal Reserve chairman Jerome Powell on Friday.