Dow Opens Higher on U.S.-China Trade Deal Hopes
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Stock Market Today: Dow Rises On Trade Deal Optimism; Broadcom, Nvidia, Palantir, Tesla Rally (Live Coverage)
The 10-year Treasury yield ticked higher to 4.03%. And oil prices dipped, as West Texas Intermediate futures traded around $61.30 a barrel. Among exchange traded funds, the Invesco QQQ TrustQQQ was up 1.3%. Also, the SPDR S&P 500 ETFSPY moved up 0.8% ahead of Monday's market open.
Live Updates Live Coverage Updates appear automatically as they are published. Updates will appear here as they are published. Markets are pushing aggressively higher again. At the moment, futures are exploding.
Stock futures pointed sharply higher Monday, led by chipmaker and tech shares, on optimism that the U.S. and China would strike a trade deal, with President Donald Trump and Chinese leader Xi Jinping set to meet later this week.
U.S. stock market futures rose on Friday ahead of the release of a critical inflation report that could help drive interest-rate expectations. Dow Jones Industrial Average futures rose 0.17% to 47002.
Stocks looked set to open little changed on Thursday, while oil prices jumped after President Donald Trump imposed fresh sanctions on Russia’s two biggest crude producers. Futures tracking the Dow