US benchmark equity indexes ended higher Monday after the US and China agreed to suspend most tariffs on each other's goods.
* Washington and Beijing reached an agreement on a 90-day suspension of reciprocal duties following their talks in Switzerland over the weekend. The two sides had been in a trade war since President Donald Trump's announcement of sweeping new tariffs early last month.
US Treasury Secretary Scott Bessent said he expects to meet with Chinese officials again "in the next few weeks" to continue trade negotiations, CNBC reported.
* S&P 500 companies' latest quarterly results showed the pace of earnings growth slowing compared with data from about a week ago, while revenue expansion accelerated, Oppenheimer Asset Management said.
* June West Texas Intermediate crude oil closed up $0.73 to settle at $61.75 per barrel, while July Brent crude, the global benchmark, was last seen up $0.85 to $64.75 on US-China trade optimism.
* The Magnificent Seven stocks -- Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Meta Platforms (META) and Amazon.com (AMZN) -- all rose.
* Newmont (NEM) shares fell 5.9%. The company late Friday said it reduced its stake in Discovery Silver.
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