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Fortune
Fortune
Chris Morris

Stocks burst out of the gate Monday on China tariff deal

(Credit: Michael M. Santiago/Getty Images)
  • Stocks surged in early trading Monday. The jump, which saw the Dow climb over 1,000 points, came after the U.S. and China announced a 90-day pause on major tariffs. Stocks are now close to where they were at the beginning of Trump's second administration.

Stocks roared back as trading began on Monday on news that the U.S. and China had agreed to a 90-day pause in major tariffs. While the suspension is a temporary one, that was enough to fuel investor optimism that a permanent solution will be worked out.

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