Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.

U.S. trade agreements in recent days mark progress toward reducing tariff barriers, although uncertainty remains a hindrance to economic growth, according to the Bank of England's deputy governor.

Live Updates Live Coverage Has Ended Markets Widen Lead 1:08 pm by Stocks have widened their lead as further details on the trade agreement between the U.S. and the U.K. come to light. Here’s where things stand as of early afternoon trading: Dow Jones Industrial Average: Up 623.

Shares have logged modest gains in most world markets as the initial euphoria over the 90-day truce in the trade war between the United States and China fades

U.S. trade agreements in recent days mark progress toward reducing tariff barriers, although uncertainty remains a hindrance to economic growth, according to the Bank of England's deputy governor.

Live Updates Live Coverage Has Ended Wall Street Warning 2:35 pm by Goldman Sachs believes that the toll from the tariff war will be greater than the markets are letting on despite the trade agreement between the Trump administration and China.

Stock futures surged Monday morning after the U.S. and China agreed to slash tariffs on one another for 90 days while the two sides work toward a broader trade agreement.