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The Breakfast Briefing: U.S.-China Trade Optimism Drives Stocks Higher
FYI: U.S. stock index futures were higher Wednesday morning, with market participants hopeful that Chinese and U.S. trade authorities will reach an agreement.
At around 2:18 a.m. ET, Dow Jones Industrial Average futures rose 108 points, indicating a positive open of more than 112 points. Futures on the S&P and Nasdaq were also seen slightly higher.
Investors continue to follow news out of U.S.-China trade talks. President Donald Trump suggested Tuesday that he might be open to postpone the current deadline of early March so that both sides can reach a deal. Failure to achieve an agreement would spark higher U.S. tariffs on Chinese goods. Regards, Ted
