Stock futures are showing minimal movement on Monday night as investors remain on edge, anticipating further insights into the ongoing trade discussions between the U.S. and China. The Dow Jones Industrial Average futures have increased by 23 points, representing a modest rise of 0.1%. Similarly, both the S&P 500 futures and Nasdaq 100 futures have also experienced a slight uptick of 0.1%. These fluctuations come after a relatively subdued trading day on Wall Street, where investors were closely monitoring a pivotal day of trade talks between officials from the two nations.
According to a source familiar with the situation, discussions are set to resume on Tuesday morning, as reported by CNBC. During the regular trading session, the S&P 500 managed to gain nearly 0.1%, marking its second consecutive day of positive performance. Meanwhile, the Dow finished just below its flatline, and the Nasdaq Composite recorded a gain of approximately 0.3%. Traders are particularly attentive to the U.S.-China trade talks for any indications of a deal that could help avert the enforcement of high tariffs on goods between the two countries.
Last month, both nations agreed to a temporary reduction in their tariffs, which was viewed as a significant achievement in the ongoing trade negotiations. This development came after U.S. President Donald Trump announced plans for extensive and steep tariffs on imports. Adam Parker, founder of Trivariate Research, expressed on CNBC's Closing Bell that many investors believe that even a conversation between the two countries is preferable to a complete standstill, indicating some progress. As a result, there is a prevailing sentiment among traders that they are reluctant to sell stocks amidst these negotiations.
As the market looks ahead, investors are particularly interested in the small business data set to be released on Tuesday morning. This data will precede key reports on consumer and producer inflation scheduled for later in the week. These economic indicators are vital for understanding the broader economic landscape and could influence market sentiment in light of the ongoing trade discussions between the U.S. and China.
