STOCK MARKETS: Overnight Futures Soaring!

BREAKING NEWS

By Staff Reporters

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Markets: After stomach-churning ups and downs this spring, the stock market calmed down last week with all three major indexes holding steady and closing just a bit lower. This week, investors will be glued to the details of the trade agreement with China, an inflation report, and more earnings.

Breaking News Overnight: After talks in Switzerland this weekend, the US and China agreed to a large reduction in tariffs on each other. The US is lowering its tariffs on China from 145% to 30%, while China is lowering its tariffs on the US from 125% to 10%. The new tariff rates will be in effect for 90 days while the two sides continue talking.

Stocks are Soaring. Dow Futures (7:50 AM, EST)

Dow Futures 42,340.00

Fair Value 41,321.34

Change + 1,017.002.46%

Implied Open + 1,018.66

S&P 500 Futures 5,848.25

Fair Value 5,676.70

Change + 170.253.00%

Implied Open + 171.55

NASDAQ Futures 20,911.50

Fair Value 20,133.56

Change + 774.753.85%

Implied Open + 777.94

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