U.S. Index Futures Vacillate Amid Conflicting Trade Statements
- E-Mini futures on S&P 500, Dow Jones, Nasdaq bounce back
- President Trump says China wants to restart trade talks
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U.S. stock index futures swung on Monday morning as investors struggled with the increasingly complex task of assessing the impact of a trade war on the economy and corporate profits.
Futures, which surged after U.S. President Donald Trump said China wanted to restart trade talks, gave up some gains after Global Times’s editor-in-chief Hu Xijin said the contact doesn’t have the significance Trump suggested.