US stocks edged higher Monday morning, as investors focused on tech's significant — if temporary — reprieve from President Trump's tariffs. But on Sunday, US Commerce Secretary Howard Lutnick said that those electronics would soon be covered under levies that he said would be separate from those imposed on specific countries.

The major indexes made robust progress Friday afternoon following Thursday's big losses. Nvidia climbed as Tesla fell.

Stocks are rising worldwide Monday after President Donald Trump relaxed some of his tariffs, for now at least, and as stress from within the U.S. bond market seems to be easing. The S&P 500 was 0.5% higher in midday trading,