Wall Street surged Monday after the US and China reached a long-awaited deal to reduce tariffs, easing trade war tensions. The Dow soared 1,037.13 points to 42,286.51, the S&P 500 gained 150.24 points to 5,810.15, and the Nasdaq rose 621.90 points to 18,550.82, boosting global investor confidence and triggering a strong worldwide market rally.