#TradeOfTheWeek
Weekly Trading: Stock Markets Rise as Trade Tensions Ease!
Futures for the Dow Jones, S&P 500, and Nasdaq rose in pre-market trading today, supported by statements from U.S. President Donald Trump suggesting the possibility of reducing tariffs on Chinese imports later, indicating that this step could ease trade tensions between the two countries.
While this development prompted investors to feel optimistic, the market is watching for upcoming economic data, including jobs and inflation reports, to determine the direction of monetary policy from the Federal Reserve.
Source: Yahoo Finance