Stocks rose almost everywhere on Monday, reflecting optimism that the United States and China are set to begin negotiations on trade.

MSCI’s world equity index, which tracks shares in 47 countries, rose 1.53 percent after touching its level since Feb. 9, stirred by expectations that U.S. Treasury Secretary Steven Mnuchin would try to reach an agreement with China.

Hope of a rapprochement abbreviated the markets’ hangover about a trade war pitting the world’s two largest economies against one another.

via Stocks bounce on report of US – China trade talks – AOL Finance