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US Stock Futures Rally As Trump Softens Tone On China
Benzinga
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16 hours ago
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.
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00:00
It's Benzinga bringing Wall Street to Main Street.
00:02
U.S. stock futures surged Monday morning as optimism over trade relations with China
00:07
and rising oil prices lifted investor sentiment, according to Benzinga.
00:12
Dow futures rose 1%, S&P 500 futures climbed 1.5%, and Nasdaq.
00:19
100 futures gained nearly 2% following President Donald Trump's conciliatory remarks
00:24
that trade relations with Beijing will all be fine.
00:27
The rebound comes after Friday's steep losses triggered by Trump's earlier tariff threats.
00:33
Energy markets also strengthened, with West Texas Intermediate crude up about 2%.
00:38
Investors await comments from Federal Reserve officials for signals on potential rate cuts later this year,
00:44
as inflation remains a concern.
00:47
This morning's rally shows cautious investor optimism as markets look past recent volatility
00:52
and focus on hopes for improved U.S.-China relations.
00:55
For all things money, visit Benzinga.com.
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