Inflation, Stock Futures
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China, futures and Trade Talks
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US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
1don MSN
U.S. stock futures climbed over 2% premarket Monday after the U.S. and China announced a 90-day tariff truce, according to Benzinga. The SPDR S&P 500 ETF Trust rose 2.74%, and the Invesco QQQ Trust ETF gained 3.
Asia stock markets traded higher on Monday following substantial progress in U.S.-China trade talks on Sunday. Traders awaited further details from the negotiations, which were expected to be announced on Monday.
Investors head into a busy week for economic data watching if leadership in the U.S. stock market could be moving away from defensive equity areas that indicates greater appetite for risk.
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