U.S. stocks climbed Monday after Treasury Secretary Bessent touted substantial progress on talks with the Chinese setting up a busy week of trade talks as President Trump heads to the Middle East. In economic and earnings news,

China and the United States announced a truce in their trade war on Monday after talks in Geneva that will roll back the bulk of tariffs and other countermeasures by Wednesday. The United States is dropping the extra tariffs it imposed on China this year to 30% from 145%,

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer told reporters that more details would be provided on Monday.

China is moving to strengthen its alliances as a counterweight to President Donald Trump’s trade war, presenting a united front with Latin American countries at an event in Beijing

President Donald Trump's announcement that the U.S. and China will temporarily lower tariffs while they negotiate a new trade deal that will open up access China to U.S. businesses.

All three major stock indexes posted their biggest single-day gains in a month after President Trump announced a 90-day pause on his 145% reciprocal tariff against China. Scott Lincicome, a vice president at the Cato Institute's Trade Policy Center,

Stocks popped at the opening bell Monday after the United States and China agreed to dramatically lower tariffs for 90 days. The S&P 500 opened 2.9 percent higher, the Dow Jones Industrial Average jumped 2.