New Delhi, Oct. 13 -- US stocks edged higher and clawed back significant losses on Monday after President Donald Trump's softer tone eased worries over renewed US-China trade tensions.

As of 10:45 AM Eastern Time, the S&P 500 jumped 1.3%, the Dow Jones Industrial Average was up 1.1%, and the Nasdaq Composite was 1.8% higher.

At the open, the Dow Jones Industrial Average rose 218.9 points, or 0.48%, to 45,698.46. The S&P 500 rose 70.0 points, or 1.07%, to 6,622.53, while the Nasdaq Composite rose 374.2 points, or 1.69%, to 2,2578.674.

On Friday, the US stocks plummeted after President Trump announced he was considering a "massive increase of tariffs" on Chinese imports. This re-escalation of trade tensions wiped out billions in market v...