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But Ian Bremmer, who said he spoke with two people who attended the dinner, said that Trump and Putin spoke for nearly an hour while sitting among the other world leaders and their spouses at the dinner. Bremmer is a foreign affairs columnist and the president of the Eurasia Group, a consulting firm.

But futures for West Texas Intermediate crude oil, the gauge for US prices, fell about 27 percent to .28 a barrel, counterpointing optimism in equities. Oil is often viewed as a proxy for future economic activity. Brent crude, the worldwide benchmark, fell 6.69 percent to .15 percent.

But it was still higher than the average global level of 40.4 percent.

But cross-border capital flows and transactions remained generally stable in February, with balanced supply and demand in the forex market, it said.

But lawmakers and the White House had already turned their focus to the administration's far bigger trillion plan to stabilize the economy as the pandemic threatens financial ruin for individuals and businesses.