US stock futures down
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China, futures and Trade Talks
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US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
US stocks hold steady today as CPI eases and tariff relief boosts sentiment. UnitedHealth drops, while Coinbase and Sea Limited post big gains.
U.S. futures surged after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump began escalating his trade war
Trump makes a momentous political comeback, breaking through the "blue wall" to win 312 electoral votes. Trump becomes only the second US president in history to be elected to non-consecutive terms, following Grover Cleveland (the 22nd and 24th US president).
Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and commodities higher. West Texas Intermediate ( CL=F) futures rallied over 2% to hover near $62.50 per barrel. Brent crude ( BZ=F ), the international benchmark, also rebounded to trade above $65.
U.S. Trade Representative Jamieson Greer, left, and U.S. Secretary of the Treasury Scott Bessent take part in a press conference after two days of closed-door discussions on trade between the United States and China, in Geneva, Switzerland, Monday, May 12, 2025. (Jean-Christophe Bott/Keystone via AP) AP
U.S. stock futures point to a lower open as investors await a key inflation report, due before the market opens.
U.S. stock futures dropped Tuesday morning as investor focus shifted from the recent U.S.-China tariff truce to the April CPI report, a key inflation update that could influence Federal Reserve interest rate cuts.