- The equity futures took care of the market on Sunday evening because the youngest rally of the S&P 500 brought them within 2.4% of its all -time high in February before President Donald Trump’s trade war devastated the markets. This comes a big week ago, in which there will be another round of US China trade talks and important inflation reports.
The US stock futures showed on Sunday evening a big week, which is emphasized by more US China trade talks and new inflation data.
In a strong job report on Friday, a rally was recorded more fuel that lifted the S&P 500 to 2.4% of its all -time high in February before President Donald Trump’s trade war decreased.
The futures for the Dow Jones Industrial Average rose by 54 points or 0.13%. S&P 500 Futures added 0.11%, while the Nasdaq Futures increased 0.08%. Tesla Shares can then see more disadvantages Trump said his relationship with CEO Elon Musk was over.
The return of the 10-year Ministry of Finance fell to 4.506%at less than 1 base point. The dollar fell by 0.08% and 0.11% compared to the yen.
While the Wall Street cannot react Trump sends National Guard troops to Los AngelesHis general immigration training represents A Working shock for the economy This has an impact on the dollar.
Gold decreased 0.25% to USD 3,338.30 per ounce. The US oil prices rose by 0.28% to $ 64.76 per barrel, and Brent crude oil received 0.21% to $ 66.61.
On Monday, US and Chinese officials meet in London to start another trade round after they agreed to pause their unexpected tariffs in Geneva last month.
Since this de -escalation in the trade war, both sides have accused the other To put on your deal. For the USA, an important sticking point was the availability of rare earths dominated by China and are of crucial importance for car, technology and defense sectors.
Kevin Hassett, director of the National Economic Council, sounded optimistic on Sunday that the London talks could lead to a solution.
“I feel very comfortable that this deal is about to finish,” he told CBS News.
In the meantime, new inflation data is due because the Federal Reserve remains to assess how much Trump’s tariffs move the needle over the prices.
The report on the expected job on Friday relieved the fears of a recession and used the pressure on the Fed to reduce interest rates to support the economy. This means that any rate of installments may have to be present due to a cooler inflation.
The Ministry of Labor will publish its monthly consumer price index and its producer price index on Thursday on Wednesday.
Also on Wednesday, the Ministry of Finance will issue the monthly update about the budget and provide information on how many debts the Federal Government publishes in concern about bond offers and demand.
This story was originally on Fortune.com
