Stock market today: Dow, S&P 500, Nasdaq futures jump as Trump tempers tariff talk toward China

US stock futures advanced Monday morning 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 0.9%, while S&P 500 (ES=F) and Nasdaq-100 futures (NQ=F) climbed 1.3% and 1.8%, 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.

By Rian Howlett

Full story at Yahoo News