US to remove China from currency manipulator list

(VOVWORLD) - The US will remove China from a list of countries considered currency manipulators, US media reported on Monday. 

The decision came more than 5 months after the Treasury Department formally made the designation.

US stocks ended at a record high on Monday, as US President Donald Trump and Chinese Vice Premier Liu He are poised to sign a phase one trade deal in Washington on Wednesday. The S&P 500 increased 0.5%, the Nasdaq rose 0.8%, and the Dow Jones advanced 0.2%.