May 13, 2025 - 05:55
US stock futures remained relatively unchanged as markets experienced a surge on Monday, propelled by the announcement of a significant trade truce between the United States and China. The agreement, which aims to reduce tariffs for a period of 90 days, has been welcomed by investors, leading to a wave of optimism across Wall Street.
The Dow Jones Industrial Average, S&P 500, and Nasdaq all showed notable gains in response to the news, reflecting a renewed sense of confidence in the economic relationship between the two countries. This truce could pave the way for further negotiations and potentially a more stable trading environment, easing concerns that have weighed heavily on global markets.
As traders digest the implications of this development, futures for the major indices are trading flat, suggesting a cautious approach as investors await further clarity on the long-term effects of the agreement. The market's reaction underscores the importance of US-China relations in shaping economic sentiment.
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