US stock indices rose on Monday as concerns about the trade war receded after President Donald Trump exempted some tech imports from reciprocal tariffs.

The corporate earnings season officially started for the first quarter of the year, starting with banking results.

On trading, Dow Jones rose 1.3% as of 14:51 GMT, or 534 points to 40,749 points, while SP 500 rallied 1.7%, or 90 points to 5454 points, as NASDAQ gave up 1.9%, or 322 points to 17,046 points.