Progress on US-China trade over the weekend sent stocks soaring on Monday. Some top commentators say tariffs are still a big risk.

Gold price weakens as Fed holds rates, dollar strengthens, and UK trade deal reduces safe-haven demand; key support levels now in focus.

Stocks remain sharply higher midday as investors celebrate an agreement by the U.S. and China over the weekend to cut tariffs on each other for 90 days. The de-escalation shows President Donald Trump "listened to the critics,

U.S. stock index futures showed little movement on Friday following a previous rally driven by a new trade deal between the U.S. and Britain. The meeting between U.S. and China representatives is also in focus.

Markets have welcomed the first US trade deal since Liberation Day, although the British-American agreement is hardly a game-changer for either of the two countries. The dollar is benefiting from Trump shifting to market-appeasing mode, but likely requires more positive trade developments, especially on China, to continue recovering

Here's where major indexes stood around 2:10 p.m. ET on Monday: "The market reaction was quick and spectacular," David Morrison, a senior market analyst at Trade ... The agreement over the weekend ...

While the details of the deal are still being worked out, it will lower tariffs on cars imported from the UK to 10%, while slashing levies on beef products.

The Dow, S&P 500, and Nasdaq all rallied for a second day Thursday as the stock market focused on Trump's trade deal with the U.K.

Darren Jones says the government "has protected jobs because of this trade deal", as shadow trade secretary Andrew Griffith calls it "disappointing".

The world's largest cryptocurrency rose alongside the overall market after President Trump unveiled a trade deal with the UK and hinted more ... and JPMorgan analyst Harlan Sur both called the reaction to Cue’s commentary “overdone.”