US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report

U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. They agreed to take down most of their tariffs that economists warned could start a recession and create shortages on U.

The S&P 500 has rallied sharply since April lows, but investors should be prepared for the gains to fade as more trade deals are announced, BofA said.