Dow jumps 950 and S&P 500 climbs 2.6% following a 90-day truce in the US-China trade war

NEW YORK (AP) — U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war . NEW YORK (AP) — U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. Each of the world’s two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create shortages on U.S. store shelves. The S&P 500 was up 2.6% in midday trading and back within 5.5% of its all-time high set in…