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Stock markets rally after temporary U.S.-China trade agreement announced

Name: Stock markets rally after temporary U.S.-China trade agreement announced
Uploaded: 2025-05-12T11:06:00-0400
Duration: 5 min 1 s
Description: Investors are reacting favorably to news of China and the U.S. reaching a 90-day trade agreement. The deal lowers tariffs on both sides and is considered a pause from current levels. CBS MoneyWatch correspondent Kelly O'Grady reports.

Investors are reacting favorably to news of China and the U.S. reaching a 90-day trade agreement. The deal lowers tariffs on both sides and is considered a pause from current levels. CBS MoneyWatch correspondent Kelly O'Grady reports.