Stocks Up On China Trade Optimism

Stocks jumped on Thursday following reports of a tentative truce in the US-China trade war. The two countries are crafting a deal to avert planned US tariffs on $300 billion worth of Chinese goods, according to the South China Morning Post. "The truce cake seems to have been baked," one source told the newspaper. View Markets Insider's homepage for more stories. Stocks jumped on Thursday following reports of a tentative truce in the US-China trade war.