US stocks shot higher on Monday in the wake of a US-China deal to temporarily slash reciprocal tariffs, a reprieve for markets fretting about the economic damage from a trade war. Wall Street is on track for a banner day after the US and China put tariffs on pause for 90 days,

Follow reaction and analysis as investors respond to an agreement by the U.S. and China to mutually slash tariffs temporarily.

U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. They agreed to take down most of their tariffs that economists warned could start a recession and create shortages on U.