US stock futures advanced Sunday night as investors reacted to new remarks from President Trump that pulled punches from Friday's tariff announcements on Chinese products.
Dow Jones Industrial Average futures (YM=F) gained around 0.7%, while S&P 500 (ES=F) and Nasdaq-100 futures (NQ=F) climbed 0.8% and 1.1%, respectively.
The rebound follows Trump’s latest comments on Truth Social, where he reassured followers that relations with China "will all be fine.” The post, and subsequent comments to reporters, appeared to dial back his threat from Friday to impose an additional 100% tariff on Chinese goods from Nov. 1. The developments had reignited fears of an escalating trade war and triggered a market drop that erased roughly $2 trillion in US equity value.
Futures rebound after Trump softens China tariff threat. Dow +0.7%, S&P +0.8%, Nasdaq +1.1%
byu/callsonreddit instocks
Posted by callsonreddit
15 Comments
I only put 1/3 of my monies into shares. Was cautious because the AH dump scared the shit outa me
Oh well
I’m just ignoring everything he says at this point since I’m just investing for retirement in 30 years. Just going to keep making weekly contributions and raising it 2% every year when I get a raise.
Taco 🌮 rules.
Better buy back your shares newly ath incoming
The rush back in could be vicious…
Market manipulation by Trump? I’m shocked he’d do something stupid and illegal.
green monday
gonna buy a lot amazon tomorrow
Taco.
Bought in an extra 10k on top of my weekly purchase on Friday since the same bounce happened 30 times already this year
Bears thought they finally had their moment
buying tomorrow i guess
Trump and his cronies made their cheddar, now to set the markets to line go up.
This motherfucker better get the book thrown at him when his term is up, I want to see everyone in cuffs, anyone that has so much as sneezed in his vicinity and that includes Baron
Barron buy the dip?
Nice. I dumped some money into the market on Friday hoping for a quick turnaround. Hope it sticks!