U.S. stock futures indicated a bounce for major indexes at the start of trading on Monday, boosted in part by signs that trade tensions may be easing between the U.S. and China. Dow Jones Industrial Average futures jumped 170 points, or 0.7%, to 23,782, while S&P 500 futures rose 20.45 points, or 0.8%, to 2,618. Nasdaq-100 futures surged 65 points, or 1%, to 6,619.50. Major indexes logged their worst week since January 2016 on Friday, with the Dow plunging 424.69 points. Those losses stemmed from fears of a global trade war, with the U.S. and China trading barbs last week over the Trump administration’s plan to impose tariffs on China. But the two nations have started negotiations behind the scenes to ease U.S. access to China markets, The Wall Street Journal reported Monday, citing sources. Asian markets were mostly lower, though sharper losses from earlier were easing up. The dollar was trading flat, while gold prices were modestly lower, as were those for crude .
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From:: Stock Market News