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

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.