NEW YORK | Markets Right Now: Trade truce sends stocks solidly higher

NEW YORK | Markets Right Now: Trade truce sends stocks solidly higher

NEW YORK  — The latest on developments in financial markets (all times local):

4 p.m.
Stocks finished solidly higher on Wall Street as investors welcomed news of a 90-day truce in the trade battle between the U.S. and China.

The broad rally Monday, which lost some of its early morning momentum, followed gains in overseas markets.

The stand-down was agreed to over the weekend at a meeting between President Donald Trump and his Chinese counterpart Xi Jinping at the G-20 summit.

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