The temporary trade deal between the U.S. and China gave stocks a shot in the arm today, with all three major indexes logging their best single-session percentage gains since April 9. The Dow jumped 1,160 points, while the S&P 500 and Nasdaq closed at their highest levels in over two months. As investors cheer the tariff truce between the U.S. and China, Wall Street's "fear gauge," the Cboe Volatility Index (VIX), logged its lowest close since Feb. 21.

SAFE-HAVEN GOLD COOLS OFF

Crude futures took part in the rally today. The bounce should spur shale production to drill new wells. June-dated West Texas Intermediate (WTI) oil climbed 93, or 1.5%, at $61.95 for the session.

As alluded to above, gold prices moved lower today. June-dated gold shed 3.5%, finishing near $3,328 for the day.

More By This Author:

Dow Charges More Than 800 Points Higher On Tariff Pause
Wall Street Marks Weekly Loss Before Trade Talks
Trade Tensions Push Dow Down Triple Digits