US Wall Street stocks rose positively after recording mixed readings last week.
All three major indexes rose, supported by the US and China agreement to recover from the tariff war for a period of 90 days.
The S&P 500 index rose 0.70%, the Dow Jones increased 0.78%, while the technology-focused Nasdaq rose 0.52%.
The negotiations were systematic after Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer met with China's top economic officials to discuss the US-China tariff conflict.
The US government agreed to reduce tariffs on Chinese imports from 145% to 30%, while the Republic of China lowered US import duties to 10% from 125%.
This situation clearly pleased investors after Washington and Beijing returned to peace following the ongoing tariff issue between the two world powers.
Meanwhile, South Korean giant Samsung SDI's share price plunged 17% after the market sold off amid concerns over US tariffs.
Investors awaited clarity on US taxes after the bill failed to clear a key procedural hurdle as Republican politicians demanded massive government spending cuts.
