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Wall Street Futures Jump As U.S.-China Deal Framework Boosts Sentiment Ahead Of Fed Decision And Big Tech Results
Benzinga
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2 months ago
U.S. stock futures rose ahead of a key week with major earnings, a Fed rate decision, and a potential U.S.-China trade deal. Dow, S&P 500, and Nasdaq hit record highs as optimism grows over trade and tech momentum.
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00:00
It's Benzinga bringing Wall Street to Main Street.
00:02
U.S. stock futures rose Sunday evening, signaling potential gains ahead of a pivotal week featuring
00:08
major earnings reports, a possible U.S.-China trade deal, and the Federal Reserve's rate decision.
00:14
Dow futures climbed 0.6 percent, SB500 futures gained 0.7 percent, and Nasdaq futures advanced
00:23
0.9 percent, according to Barron's. Treasury Secretary Scott Bessent said negotiators
00:29
reached a trade framework with China that could avert Trump's planned 100 percent tariffs
00:34
on November 1. The breakthrough precedes Trump's meeting with Xi in South Korea on Thursday.
00:40
Earnings from Microsoft, Alphabet, Meta, Apple, and Amazon will dominate midweek trading,
00:46
while the Fed announces its rate decision on Wednesday.
00:49
Wedbush analyst Dan Ives said the trade framework and prospects for a broader U.S.-China deal
00:55
signal a bullish outlook for markets, especially tech stocks. The Dow, SB500,
01:01
and Nasdaq all ended last week at record highs.
01:04
For all things money, visit Benzinga.com.
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