Global markets experienced a robust rally following the announcement of a trade truce between the U.S. and China. This development sparked optimism across various sectors, particularly in mining and technology stocks, which led gains in Europe. In the U.S., the collective market cap of the Magnificent 7 companies surged by $800 billion, reflecting strong investor sentiment. This trade agreement signals potential stability in international relations, encouraging market growth at least in the short term. Investors are eager to see how this will influence upcoming trading activities worldwide.