China, futures and tariffs
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The move in futures comes after a broadly positive day on Wall Street. The S&P 500 rose 0.72%, while the Nasdaq Composite climbed 1.61% for its fifth straight positive session. The Dow fell 0.64%, weighed down by UnitedHealth, but is still up on the week.
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Investor's Business Daily on MSNDow Jones Futures Surge As U.S., China Slash Tariffs; Tesla, Palantir, Alibaba JumpFutures surged as the U.S. and China will slash tariffs more than hoped after trade talks. Tesla, Palantir, Alibaba are in focus.
S&P 500 futures are down 0.6%. Dow Jones Industrial Average futures are off 0.5%. Nasdaq 100 futures are falling 0.9%. On Monday, the Dow Jones Industrial Average fell 99 points, or 0.24%, to 41219, the S&P 500 declined 36 points,
US stock futures paused their rally as investors focused on a key inflation report and lingering economic concerns, even after the trade truce between the US and China.
U.S. stock futures surged after a U.S.-China agreement to reduce tariffs, calming fears of a trade war. Treasury Secretary Scott Bessent announced a 90-day pause and significant tariff cuts. Major indices and stocks rose,
The major averages started May on a positive note, with Meta Platforms and Microsoft reigniting the artificial intelligence trade.
The move in futures comes after a broadly positive day on Wall Street. The S&P 500 rose 0.72%, while the Nasdaq Composite climbed 1.61% for its fifth straight positive session. The Dow fell 0.64%, weighed down by UnitedHealth, but is still up on the week.
President Donald Trump’s agreement with China to temporarily slash tariffs for 90 days offered the world a bit of welcome relief