U.S. Futures Rise as Investors Assess U.S.-China Tensions
- S&P 500 futures climb as much as 0.8 percent in New York
- Investors look ahead to earnings season for boost, Citi says
Will There Be a Trade War?
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After a deep selloff in U.S. stocks on Friday, U.S. equity-index futures pointed to a higher open as investors assess President Donald Trump’s order for a review of more tariffs that prompted an aggressive response from China.
Futures on the S&P 500 Index advanced as much as 0.8 percent Monday after all major U.S. equity indexes on the cash market ended last week in the red as data showed March payrolls were cooler than economists forecast. Contracts on the Nasdaq 100 rose as much as 1 percent, while those on the Dow Jones Industrial Average gained 0.9 percent.