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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.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S. stock futures rose Sunday evening, signaling potential gains ahead of a pivotal week featuring
00:08major earnings reports, a possible U.S.-China trade deal, and the Federal Reserve's rate decision.
00:14Dow futures climbed 0.6 percent, SB500 futures gained 0.7 percent, and Nasdaq futures advanced
00:230.9 percent, according to Barron's. Treasury Secretary Scott Bessent said negotiators
00:29reached a trade framework with China that could avert Trump's planned 100 percent tariffs
00:34on November 1. The breakthrough precedes Trump's meeting with Xi in South Korea on Thursday.
00:40Earnings from Microsoft, Alphabet, Meta, Apple, and Amazon will dominate midweek trading,
00:46while the Fed announces its rate decision on Wednesday.
00:49Wedbush analyst Dan Ives said the trade framework and prospects for a broader U.S.-China deal
00:55signal a bullish outlook for markets, especially tech stocks. The Dow, SB500,
01:01and Nasdaq all ended last week at record highs.
01:04For all things money, visit Benzinga.com.
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