Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

U.S. stock futures jump after U.S. and China agree to resume trade talks

Published 06/30/2019, 06:56 PM
© Reuters. Traders work on the floor at the NYSE in New York

(Reuters) - U.S. stock futures jumped more than one percent when trading resumed on Sunday, after the United States and China agreed on Saturday to restart stalled trade talks.

President Donald Trump met with Chinese President Xi Jinping at the Group of 20 Summit on Saturday in Osaka, Japan, and afterward called the talks "excellent." The U.S. offered concessions, including no new tariffs and an easing of restrictions on tech company Huawei, in order to reduce tensions with Beijing that had weighed on stock prices.

S&P 500 e-mini futures rose 1.04% on volume of 21,507 contracts.

(This story refiles to fix headline)

Latest comments

If Trump continue with his tariff increase, US public will suffer higher prices. Bad for American & will backfire on Trump.
The Chinese won USA lost
USA feels lucky since China agreed to resume the talk which USA is happy back in the hood.
USA is losing it
G20 was a non event being spun into something substantial.
yes
Communist China should feel lucky USA allowed them back in the hood.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.