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S&P 500 futures jump as trading resumes after Trump calls off tariffs on Mexico

Published 06/09/2019, 06:50 PM
Updated 06/09/2019, 06:50 PM
© Reuters. FILE PHOTO: Traders work on the floor at the NYSE in New York

(Reuters) - U.S. equity futures rose when trading resumed on Sunday after the United States and Mexico struck a deal late Friday to avert a tariff war, with Mexico agreeing to meet U.S. demands to stem the flow of illegal Central American migrants.

U.S. President Donald Trump had threatened to impose 5% import tariffs on all Mexican goods starting on Monday if Mexico did not commit to do more to tighten its borders.

© Reuters. FILE PHOTO: Traders work on the floor at the NYSE in New York

S&P 500 e-mini futures were up 0.62% at 6:12 p.m. EDT (2212 GMT) on volume of 16,610 contracts.

Latest comments

where is SEC?
For now. Mexico best shape up and get the flow stopped ot those tarrifs will be enacted.
Minda a imbread statement.
Funny i thought a wall was our only hope
WOW this guy Trump Is making a Lot of money by manipulating the market in such a way... genius or lucky man... who cares... i want to reach presidency also :p
A deal was not 'struck'.
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