US Stock Futures Rally As Trump Softens Tone On China

Benzinga

U.S. stock futures jumped as Trump struck a conciliatory tone on China, easing trade tensions after last week’s selloff. Dow, S&P 500, and Nasdaq futures rose up to 2%, supported by higher oil prices and rate-cut hopes.

Transcript

00:00It's Benzinga bringing Wall Street to Main Street.

00:02U.S. stock futures surged Monday morning as optimism over trade relations with China

00:07and rising oil prices lifted investor sentiment, according to Benzinga.

00:12Dow futures rose 1%, S&P 500 futures climbed 1.5%, and Nasdaq.

00:19100 futures gained nearly 2% following President Donald Trump's conciliatory remarks

00:24that trade relations with Beijing will all be fine.

00:27The rebound comes after Friday's steep losses triggered by Trump's earlier tariff threats.

00:33Energy markets also strengthened, with West Texas Intermediate crude up about 2%.

00:38Investors await comments from Federal Reserve officials for signals on potential rate cuts later this year,

00:44as inflation remains a concern.

00:47This morning's rally shows cautious investor optimism as markets look past recent volatility

00:52and focus on hopes for improved U.S.-China relations.

00:55For all things money, visit Benzinga.com.

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