
US stock markets open sharply higher as US-China tariff truce sparks global market rally
US stock markets opened with a strong rally Monday morning as investors welcomed a surprise announcement from the United States and China suspending most of their tariff hikes for 90 days, in a move aimed at de-escalating trade tensions and giving space for further negotiations.As of 9:34 a.m. ET, the Dow Jones Industrial Average surged…