Stock futures surged on Sunday, as investors ponder if equities can maintain their recent winning streak amid looming tariff discussions. With concerns over U.S. economic growth and consumer sentiment data, this week could be pivotal for the markets.
As the dollar weakens and U.S. interest rates dip, emerging markets stand to benefit. However, early futures suggest that stocks may face challenges, despite positive remarks from Treasury Secretary Scott Bessent.
U.S. equities faced a steep decline on Thursday as uncertainty surrounding trade policies and tariff decisions left investors wary. With the February jobs report looming, concerns about hiring and economic strength intensified, leading to significant drops in key tech stocks.
Asian equities fell sharply as fears of a global trade war escalate, triggered by President Trump's new tariffs. Technology shares, particularly Nvidia, suffered a major sell-off, impacting market sentiment.
Goldman Sachs predicts a significant surge in Chinese equities fueled by optimism around technological advancements and market performance, with the MSCI China Index expected to rise by 16% in the next 12 months.
