NEW YORK, NY – U.S. stocks rose sharply on Monday following news that the United States and China have agreed to pause the rollout of additional tariffs for a 90-day period as part of renewed trade discussions.

The Dow Jones Industrial Average climbed 1,186 points, or 2.8%, ending the day at 43,000. The S&P 500 increased by 2.3%, and the Nasdaq Composite added 2.5%. Gains were led by large-cap technology and consumer brands, with companies like Apple, Amazon, and Nike seeing significant stock price increases.

The temporary suspension of further tariffs, announced by officials from both countries early Monday, is intended to give negotiators time to address broader trade issues. Current tariffs, including a 10% baseline on various imports, remain in effect.

Investors appeared to welcome the pause as a sign of potential progress in trade relations, easing concerns about near-term disruptions to global supply chains. The market response suggests cautious optimism, though analysts noted that structural disagreements between the two economies are still unresolved.

Higher-than-normal trading volumes indicated strong investor interest following the announcement. While the agreement does not remove existing trade barriers, it has reduced immediate uncertainty in the markets.