Trader Fran O'Connell works on the floor of the New York Stock Exchange, Monday, March 26, 2018. U.S. stocks rose sharply in early trading Monday as the market made up some of its huge losses from last week. (AP Photo/Richard Drew)
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A flare-up in diplomatic tensions with Russia abruptly cut short an attempted recovery in European stock markets Monday, as Wall Street powered ahead.Wall Street came off its early highs as Europe faltered, but still boasted an 1.5-percent gain in mid-morning in New York.The Wall Street Journal reported at the weekend that China and the United States had begun behind-the-scenes negotiations to improve American access to the Chinese domestic market.Friday, President Donald Trump abandoned a threat to shut down the U.S. government, signing off on a budget despite being "unhappy" with many of its provisions.London -- FTSE 100: DOWN 0.3 percent at 6,899.09 pointsFrankfurt -- DAX 30: DOWN 0.8 percent at 11,797.46
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