Related: Surprising China trade deal sends Tesla stock soaring. The meeting went well. Worries that talks could break down if either side dug in heels appear overblown, given a si

Stock market futures in the U.S. surged on Monday as the U.S. and China agreed to temporarily de-escalate their trade war.

The U.S.-China tariff deal sent the tech-heavy Nasdaq soaring, entering a bull market, and economists are optimistic that the U.S. may dodge a recession.