Markets Bounce Back: Stock Futures Rise After Trump’s Optimism on China – Live Updates

Traders at the New York Stock Exchange experienced a busy weekend as U.S. stock futures rose after President Donald Trump reassured investors about trade relations with China. His social media post indicated he believed everything would “be fine,” helping the market recover from a recent slump.

Overnight, Dow futures climbed 358 points, or 0.8%. S&P 500 futures and Nasdaq-100 futures increased by 1% and 1.2%, respectively. This bounce back followed a tough week for stocks, where the market lost about $2 trillion in value due to fears sparked by Trump’s comments about increasing tariffs on China.

In his post, Trump wrote, “Highly respected President Xi just had a bad moment. He doesn’t want a Depression for his country, and neither do I.” His words seemed to reassure investors, especially those in tech sectors that were hit hardest. Companies in technology often depend on rare earth materials from China for products like semiconductors.

Dan Ives, a tech analyst at Wedbush Securities, noted that concerns about U.S.–China relations might be overblown. He suggested that discussions between Trump and Xi could soon take place, possibly easing tensions further.

Last week, stocks faced considerable challenges. The Dow lost 2.7%, while the S&P 500 and Nasdaq dropped 2.4% and 2.5%, respectively. The S&P’s decline on Friday was its biggest since April, a time when the market was still adjusting to the initial tariff announcements.

Beyond trade issues, another worry for investors is the ongoing government shutdown. As the payroll deadline approaches, many federal workers could miss their paychecks, adding to market uncertainty.

Earnings season is also on the horizon, with several major banks, including Citigroup and JPMorgan, set to release their results this week. This could give further insight into the economic landscape and how companies are weathering the current challenges.

As financial markets remain volatile, investors will be watching closely for any signs of improvement or continued distress. Understanding the complexities of trade relations and domestic economic factors will be key in navigating this uncertain environment.



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