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Barchart
Barchart
Oleksandr Pylypenko

S&P Futures Gain as Trade Truce Rally Continues, U.S. Economic Data on Tap

June S&P 500 E-Mini futures (ESM25) are trending up +0.19% this morning, with the benchmark index set for one of its strongest weeks this year, as the U.S.-China trade truce continues to bolster sentiment, while investors await a new batch of U.S. economic data and remarks from Federal Reserve officials.

U.S. equity futures also drew support from falling Treasury yields, which continued their slide from Thursday after the latest economic data fueled speculation that the Fed may cut rates earlier than expected to avoid a recession.

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