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Fortune
Fortune
Jim Edwards

Stock investors rejoice over China trade talks — and weak labor market data

  • S&P 500 futures edged up slightly this morning, reflecting cautious optimism among investors. Asian markets mostly rose while European markets were flat in early trading. Investor sentiment is being buoyed by U.S.-China trade talks in London and downward revisions to U.S. payroll estimates—suggesting the Fed may consider cutting interest rates later this year, a move typically supportive for stocks.

S&P 500 futures traded up marginally this morning after most Asian markets rose and Europe stayed flat in early trading. Investors appear to be focused on two things which are both good for stocks: 

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