US stocks surge today after a U.S.-China tariff truce. Dow, S&P500, and Nasdaq rally sharply with Apple, Caterpillar, and Chevron leading the rebound.

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

The Trump administration says it intends to develop a 'mechanism' that will 'rebalance' the U.S. trade relationship with China — a task that has eluded presidents for decades.

Monday closed up +3.26%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +2.81%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +4.02%. June E-mini S&P futures (ESM25) are up +3.32%, and June E-mini Nasdaq futures (NQM25) are up +4.

Shares of technology companies rallied after a truce in the trade war alleviated fears of rising costs and shrinking markets. Shares of Apple, which counts China as both a manufacturing partner and major growth market, rose by more than 5%. Amazon.com, whose budget offerings are often Chinese imports, rose by roughly 8%.

Shares have logged modest gains in most world markets as the initial euphoria over the 90-day truce in the trade war between the United States and China fades

Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war. Each of the world’s two largest economies agreed to take down temporarily most of its tariffs against the other,