U.S. Markets close in 5 hrs 40 mins

Stocks soar after China commits to trade talks, easing recession fears

Stocks soared on Thursday amid reports that China will sit down for trade talks next month. Have fears of a recession now totally receded from the markets? Timothy Chubb, the CIO at Girard, talks with Yahoo Finance's Jen Rogers and Myles Udland about what's moving the numbers.