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,

Officials have indicated that additional, sector-specific tariffs targeting electronics are on the way — which economists warn will raise costs.