U.S., China Agree to Large Tariff Cuts
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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.
US Stock market futures are facing pressure as tariff uncertainty continues to dominate the conversation. The S&P 500, Dow Jones, and Nasdaq futures struggle for direction after recent tech rallies, especially in companies like Nvidia.
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.
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,
U.S. stock futures edge higher, Nvidia stock continues to climb after surging yesterday on an AI deal with a Saudi firm, and Palantir shares are little changed after closing at an all-time high. Here's what investors need to know today.
The market sentiment remains largely positive, buoyed by the easing of U.S.-China trade tensions. A 90-day tariff pause announced earlier this week has helped soothe investor nerves, triggering a broad-based rally led by tech.
A 90-day pause on punishing tariffs could restart trade between the world’s largest economies. But it is not enough to resolve uncertainty about the economy.
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.