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U.S. markets on Monday recovered most of their lost ground after a steep initial plunge, as stocks stabilized amid hopes that a trade agreement could get back on track. China has confirmed that Vice Premier Liu He will visit the U.S. on May 9-10 ahead of a Friday deadline President Trump has set for an increase in tariffs, after Washington accused Beijing of "reneging" on its trade promises. Dow futures are down 91 points, with the S&P 500 and Nasdaq pointing to opening losses of 0.4%, while fears appeared to be waning in Europe and Asia, where stocks were trading mixed.