U.S. Stock futures have indicated that key indices may move to new highs on Wednesday after President Donald Trump said he could put a stop to the timing of deals in China if both sides make good progress.
How do basic indexes work?
Dow Jones Industrial Average Futures
YMH9, + 0.16%
rose by 115 points, or 0.5%, to 25,521, while S & P 500 futures
ESH9, + 0.13%
rose by 1
NQH9, + 0.31%
climbed 41.75 points, or 0.6%, to 7,060.50.
Major indexes closed 2019 on Tuesday, with the Dow Jones Industrial Average
DJIA, + 1.49%
climbing 372.65 points, or 1.5%, to 25,445.76 while the S & P 500
SPX, + 1.29%
rose 1.3 percent to 2,744.73, ending its 200-day slider average for the first time in 46 days. This marked S & P's longest stay below the main trend since March 2016, according to the Dow Jones Market Data Group. Composite Nasdaq index
COMP, + 1.46%
by 1.5% to 7,414.62. Read : Morgan Stanley Warns of Income Recession
What Moves Market? for a deal with China if the deal seems to be close. The White House had previously indicated 2 March as a "heavy deadline" for an agreement. Meanwhile, Chinese President Shi Jinping is expected to meet with key members of the US delegation on Friday, sources told the South Korean Morning Post.
Beijing held a third day of bilateral trade talks with Finance Minister Stephen Munchin and the US Trade Representative Robert Lahtiser expects more high-level discussions Thursday. The White House has previously mentioned a "hard time" for a deal, as at 12:01 PM Eastern Time March 2nd. For the stock market, profit from a trade war may be an empty victory
Meanwhile, Trump said the second closure of the government is unlikely, even when he expresses dissatisfaction with the preliminary agreement, which allows 55 miles from the new border reached by MPs and Republican MPs on Monday.
Investors will receive consumer prices for January at 8:30 AM Eastern Time, and the federal budget for December will be at 2 o'clock. Eastern time zone. Atlanta's Federal Reserve President Rafael Bostich will appear in a moderated discussion at the European Financial Forum in Dublin, Ireland at 8:50 am East, and Philadelphia President Patrick Harker will talk about the economic prospects of lunch for the Jewish business network in Philadelphia . Eastern.
Cleveland President Fed Lorett Mister will talk about economic prospects and monetary policy in Lexington, Kentucky at 8:50 pm Eastern.
Commercial optimism and a strong Wall Street session on Tuesday inspired profits in global markets. The Asia Nikkei 225 index
NIK, + 1.34%
jumped 1.3% and Shanghai Composite grew by nearly 2%. Stoxx Europe 600
SXXP, + 0.30%
was ready for profits, as European stock futures also rose.
CLH9, + 1.24%
climbed by more than 1% after Saudi Arabian Energy Minister Khalid al-Falih told the Financial Times that the country would cut further oil to nearly 9.8 billion barrels a day in March. gold
GCH9, + 0.10%
grew while the US dollar
DXY, + 0.09%
Slipped Against Their Colleagues
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