The S&P 500 ceded 0.6%, as the benchmark index held above its 50-day moving average. The S&P 500 also snapped a nine-day winning streak on Monday. The index has pulled back to aro

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. Stocks were already making gains over after the US said it had made "substantial progress" in weekend trade talks with China,