Earthquake in the Markets.. Historic Agreement Between America and China on Tariff Mechanism ⚡

- U.S. stock futures rose on Monday after the announcement of a significant agreement between the United States and China to substantially reduce their overall tariffs.

- Dow Jones futures rose by 785 points, or 1.9%, S&P 500 futures increased by 142 points, or 2.5%, and Nasdaq 100 futures climbed by 689 points, or 3.4%.

- The United States and China agreed to halt the escalation of tariffs imposed on each other for 90 days, with Washington reducing tariffs on China to 30% and Beijing lowering its tariffs on U.S. imports to 10%, according to a rare joint statement issued by the two countries following high-level trade talks over the weekend.