U.S. stock futures jump after Trump-Xi trade armistice

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 30, 2018. REUTERS/Brendan McDermid - Copyright BRENDAN MCDERMID(Reuters)

By Reuters

Published on 03/12/2018 - 00:34•Updated 18/04/2024 - 07:00

Comments

NEW YORK (Reuters) - U.S. stock index futures jumped on Sunday after China and the United States agreed at a G20 summit to shelve any new tariffs and reset discussions for 90 days, at least temporarily halting an increase in their tensions over trade.

S&P 500 e-mini futures <ESc1> were up 1.55 percent as trading resumed, on high contract volume. Dow Jones Industrial Average e-mini futures <1YMc1> rose 1.66 percent, while Nasdaq 100 e-mini futures <NQc1> jumped nearly 2 percent.