Reported about 15 hours ago
Global stock markets, led by the US, surged following the announcement of a 90-day truce in the US-China trade war, with tariffs on both sides being significantly reduced. The S&P 500 jumped 2.6%, and the Dow gained 951 points as investors reacted positively to the potential boost in economic growth and reduced uncertainty. Analysts noted that this pause could support retailers and the economy ahead of key shopping seasons, although challenges remain in the negotiations.
Source: YAHOO