Stocks rally worldwide after Trump eases some of his tariffs
NEW YORK — Stocks rose worldwide Monday after President Donald Trump relaxed some of his tariffs, for now at least, and as stress from within the U.S. bond market seems to be easing.
The S&P 500 climbed 0.8%, though trading was still shaky, and it briefly gave back all of its big early gain of 1.8%. The Dow Jones Industrial Average rose 312 points, or 0.8%, and the Nasdaq composite added 0.6%.