Stocks swing to huge gains after jobs report, trade talks

Trader Michael Milano works on the floor of the New York Stock Exchange, Friday, Jan. 4, 2019. Stocks are jumping at the open on Wall Street Friday as investors welcome news of trade talks between the U.S. and China and a big gain in jobs in the U.S. (AP Photo/Richard Drew)

NEW YORK — Global stocks soared Friday and reversed the big losses they suffered just a day earlier. The Dow Jones Industrial Average rallied 746 points in the latest twist in a wild three months for markets.