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Stocks surge after China calms trade war fears, oil and tech surge

Stocks (^DJI, ^GSPC, ^IXIC) push higher after China promises to cut auto tariffs. The energy (XLE) sector is most in the green, and the utilities (XLU) sector is most in the red. Yahoo Finance’s Jared Blikre joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Seana Smith is joined by Julia La Roche, Dion Rabouin, Rick Newman, and Jeanie Ahn.