Stocks rally worldwide after Trump eases some of his tariffs on electronics, for now

News Snapshot:

NEW YORK (AP) — Stocks are rallying worldwide Monday after President Donald Trump relaxed some of his tariffs, for now at least. The S&P 500 was 1.5% higher in early trading. It’s coming off a chaotic week where it careened through historic swings as financial markets struggled to catch up with Trump’s moves on tariffs, which investors fear could lead to a recession if not reduced. The Dow Jones Industrial Average was up 441 points, or 1.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 2% higher. Apple, Nvidia and other big technology companies led the way...