U.S. stocks surged Friday after a report that China will boost p urchases of U.S. farm products i n order to meet the requirements

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U.S. stocks surged Friday after a report thatÂ China will boost purchases of U.S. farm products in order to meet the requirements of its phase-one trade deal.

U.S. stocks surged Friday after a report thatÂ China will boost purchases of U.S. farm products in order to meet the requirements of its phase-one trade deal. China will buy more corn, soybean and other agricultural products after purchases were derailed earlier this year due to the COVID-19 pandemic, Bloomberg reported, citing two people familiar with the matter.

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