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Wall Street stocks surged Monday on a string of pharmaceutical deals and speculation of more monetary stimulus in China. The broad-based S&P 500 jumped 25.22 (1.22 percent) to 2,086.24, while the tech-rich Nasdaq Composite Index gained 56.22 (1.15 percent) to 4,947.44. US stocks were in the green all day after the S&P 500 shed 2.2 percent last week, falling four out of five days. Equity markets were also cheered by comments from People's Bank of China governor Zhou Xiaochuan that warned of disinflation and hinted at further monetary easing measures.
US police opened fire and one suspect died Monday after two men dressed in women's clothing tried to ram their car onto the grounds of the National Security Agency outside Washington. One police officer and a second suspect were hurt in the incident, said the National Security Agency's director for strategic communications, Jonathan Freed. It was not immediately clear whether the suspects were shot or wounded when their car crashed into a police security vehicle. A US official confirmed reports the men were wearing women's clothing.