>> US stocks rallying Monday after the US and China reached a trade truce at the G-20. The Dow started the day up more than 400 points with multinational companies like Caterpillar and Intel leading the rise. The S&P and NASDAQ also climbed after similar gains in global markets. Stocks in Asia surged with the Shanghai composite closing up nearly 3%.
Europe's main benchmarks were also up notably with Germany's index leading the way up 2.5%. Trade tensions between the world's two biggest economies have weighed heavily on financial markets for most of 2018, but it appears investors have found some relief. The global rally triggered by talk of a possible breakthrough between US President Donald Trump and Chinese leader, Xi Jinping, after they met Saturday in Argentina at the G20.
The two sides said they would hold off on planned tariff hikes as they try and settle their differences through negotiations.