China, Stock futures and Dow Jones industrial average
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President Donald Trump suggested many trade deals are near, while also endorsing cutting the tariff rate on China before weekend talks.
Stock futures on Wall Street surged Sunday evening ... The market-friendly momentum followed a weekend of high-level trade talks in Switzerland, which Treasury Secretary Scott Bessent called ...
Asian stocks rose along with US equity-index futures after China and the US made “substantial progress” on their trade talks, spurring a risk-on mode. Gold tumbled as much as 2% on easing demand for havens.
The United States and China will lift sweeping tariffs on each others' goods for 90 days on Wednesday, after a temporary ceasefire in a brutal trade war that roiled global markets and international supply chains.