June S&P 500 E-Mini futures (ESM25) are up +0.03%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.05% this morning as trade talks between the U.S. and China extended into a second day, with investors cautiously awaiting the outcome.
While the first day of trade negotiations on Monday yielded no breakthrough, U.S. officials had expressed optimism that the two sides could ease tensions over shipments of technology and rare earth elements. U.S. Commerce Secretary Howard Lutnick said talks between Washington and Beijing were “fruitful,” and Treasury Secretary Scott Bessent described them as a “good meeting.” “We are doing well with China. China’s not easy,” U.S. President Donald Trump told reporters at the White House on Monday. “I’m only getting good reports.”
