U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies. Stocks also received a boost as Washington extended by 90 days the window during which China’s Huawei Technologies , blacklisted by the U.S. government in May, can buy components from U.S. companies to supply existing customers.

source https://finance.yahoo.com/news/us-stocks-wall-street-rallies-203029706.html?.tsrc=rss