U.S. Stock Futures Rise Amid Trade Tensions
U.S. stock index futures climbed on Monday as investors embraced riskier assets after President Trump's softened stance eased fears of renewed U.S.-China trade tensions. His recent threats of tariffs affected major stock indexes last week. Focus is now on U.S. quarterly bank earnings and economic indicators.
U.S. stock index futures saw an increase on Monday, reflecting investor optimism following President Trump's conciliatory tone towards China, which eased ongoing trade war fears.
On Friday, Trump had mentioned plans to impose a 100% tariff on certain Chinese exports and implement new export controls. This had led to abrupt market losses. However, Trump's weekend comments, suggesting a possible resolution, provided a reassuring signal to investors.
Major U.S. banks are due to release quarterly results this week. The earnings season is expected to offer crucial economic insights as other data is delayed due to a government shutdown.
(With inputs from agencies.)
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