Reported about 13 hours ago
Stock futures surged following US Treasury Secretary Scott Bessent's announcement of 'substantial progress' in trade talks with China, easing tensions from President Trump's recent tariffs. Dow futures rose 1.03%, S&P 500 futures increased 1.31%, and Nasdaq Composite futures climbed 1.71%. A trade framework is expected to be revealed soon, indicating hopeful prospects for a deal that may reduce tariffs while still maintaining some level of applied rates.
Source: YAHOO