#TradeWarEases US stock futures surged even higher on Monday after the US and China said they have agreed to slash most tariffs for 90 days while further trade talks take place.

S&P 500 futures (ES=F) soared 2.8%, while Dow Jones Industrial Average futures (YM=F) futures rose by over 900 points, or 2.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) led gains, rocketing up 3.6%.